US May factory orders +0.4% vs 0.0% expected

Author: Adam Button | Category: News

The May factory report

  • Prior was -0.8% (revised to -0.4%)
  • Ex transport +0.7% vs +0.4% prior (revised to +0.9%)
  • Durable goods orders -0.4% vs -0.5% expected
  • Ex transport 0.0% vs -0.3% prior
  • Capital goods orders nondefense ex air +0.3% vs +0.2% prior
  • Capital goods shipments +0.2% vs -0.1% prior

Some very good numbers here but the risk is that the numbers were inflated by orders ahead of pending or threatened tariffs.

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