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US May factory orders +0.3% vs +0.8% expected

Orders up in 5 of the past 6 monthsPrior was +0.4% (revised to +0.3%)Ex transport -0.5% vs -0.2% prior (revised to -0.6%)Revisions to durable goods:Durable goods orders +1.8% versus +1.7% preliminary. Last month +1.2%Durable goods ex-defense +3.0% versus +3.0% preliminary. Last month +-0.5%Durable goods ex-transportation +0.7% vs +0.6% preliminary. Last month -0.6%Nondefense capital goods ex-air +0.7% vs +0.7% preliminary. Last month -0.2% (revised to -0.6%)It looks like the defense orders were... Read More

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Posted: Jul 5 2023, 14:00

Author Name: forexlive

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