- Prior was +3.2%
- Nondefense capital goods orders ex-air -0.3% vs +0.2% expected
- Prior nondefense capital goods orders ex-air +0.8% (revised to +0.9%)
- Ex transport +0.7% vs +0.2% expected
- Ex defense +0.8% vs +3.5% prior
This is a solid number but the core orders are weaker than the headline suggests. Still, that’s coming off a prior number that was strong and revised slightly higher.
This article was written by Adam Button at www.forexlive.com.
