Durable goods orders for February 2020:
- Prior was -0.2% (revised to +0.1%)
- Ex transport -0.6% vs -0.4% exp
- Prior ex transport +0.8% (revised to +0.6%)
- Capital goods orders non-defense ex air -0.8% vs -0.4% exp
- Prior capital goods orders non-defense ex air +1.1% (revised to +1.0%)
- Capital goods shipments non-defense ex air -0.7% vs -0.2% exp
- Prior capital goods shipments non-defense ex air +1.0% (revised to +1.1%)
These numbers are ancient history now but soft core orders with a slight negative revision speak to poor capex plans even before the virus hit.