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US February factory orders +1.4% vs +1.0% expectedUS February factory orders +1.4% vs +1.0% expected

Prior was -3.6% (revised to -3.8%)Factory orders ex transportation +1.1% vs -0.8% priorPrior ex transport -0.8% (revised to -0.6%)Shipments +1.4%Full report

Revisions to durable goods orders

February durable goods +1.3% versus a +1.4% preliminary. Prior month -6.9%Durable goods ex transportation +0.3% versus +0.5% preliminaryDurable goods non-defense capital goods ex-air +0.7% versus +0.7% preliminary

This is a solid report but it’s overshadowed by JOLTS.

This article was written by Adam Button at www.forexlive.com.

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