Factory orders for January 2019
- Prior was +0.1%
- Factory orders ex transportation-0.2% vs -0.6% prior (revised to -0.5%)
There isn't any good news here with a soft headline and another slip ex-transport.
Revisions to January durable goods orders:
- Orders +0.3% vs +0.4% exp
- Initial reading was +0.4%
- Ex transportation -0.2% vs -0.1% initially
- Orders non-defense ex air +0.8% vs +0.8% initially
- Shipments non-defense ex air +0.8% vs +0.8% initially
No changes were forecast in any of the durable goods revisions.
