US February durable goods orders -1.4% vs -1.0% expected

  • Prior was 0.0% (revised to -0.5%)
  • Durable goods orders ex-transport +0.8% vs +0.4% expected
  • Prior ex-transport +0.4% (revised to +0.3%)
  • Durable goods ex-defense -1.2% vs +0.5% prior (revised to +0.2%)
  • Non-defense capital goods ex-air +0.6% vs +0.4% expected
  • Prior +0.1% (revised to -0.4%)

This is a mixed bag. There are some pockets of strength but those are some poor revisions on core orders.

This article was written by Adam Button at investinglive.com.

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