US factory orders for July 2019
- Factory orders for July: 1.4% versus 1.0% estimate. Prior month 0.5% versus 0.6%
- Ex transportation: 0.3% versus -0.1% last month (revised from +0.1%)
- Durable goods orders July Final: 2.0% versus 2.1% estimate (and 2.1% preliminary)
- Durable goods ex transportation: -0.4% versus -0.4% estimate (same as preliminary)
- Capital goods orders non-defense ex air: +0.2% versus 0.4% preliminary
- Capital goods shipments non-defense ex air: -0.6% versus -0.7% preliminary
Overall a beat on the headline number. The durable goods revisions were a little lower than the preliminary data released earlier for the month.
