Details from the February 2017 US durable goods data report 24 March 2017
– Ex-transport 0.4% vs 0.5% exp m/m. Prior 0.0%. Revised to 0.2%
– Ex-Defense 2.1% vs 1.6% prior. Revised to 2.1%
A so-so report. Orders higher overall but with the usual big ticket items making the swings. Generally though, some mildly positive numbers in the breakdown. The cap goods shipments is likely to be a positive for GDP (as long as it doesn’t get revised lower).