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Monday, June 21, 2021

US April factory orders -0.6% vs -0.2% expected

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US April factory orders -0.6% vs -0.2% expected






























































April US factory orders and durable goods orders revisions:

US April factory orders
  • Prior was +1.1% (revised to +1.4%)
  • Ex transport +1.0% vs +1.7% prior
Revisions to durable goods:

  • US durable goods orders -1.3% vs -1.3% expected
  • Prelim February durable goods orders -1.3%
  • Prior durable goods orders +1.2%
  • Durables ex transportation +1.0% vs +1.0% prelim
  • Capital goods orders non-defense ex-air +2.2% vs +2.3% expected
  • Prelim capital goods orders non-defense ex-air +2.3%
  • Capital goods shipments non-defense ex-air +0.9% vs +0.9% prelim

These numbers are close enough to expectations. The positive revision negates most of the miss on the headline.

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