Ex-transport +0.5% vs +0.1% expectedPrior ex-transport +0.1% (unrevised)Excluding defense, new orders rose -0.2% vs +10.3% priorNondefense capital goods orders (ex-aircraft) +0.2% vs +0.0% expectedPrior nondefense capital goods orders -0.2% (revised from -0.1%)Unfilled orders: +0.4% vs +0.2% priorInventories inched +0.1% vs +0.1% prior
This is a decent report with a slight beat on core orders. Headline orders are up in six of the past seven months.
This article was written by Adam Button at www.forexlive.com.
