Friday, July 25, 2014 8:54:18 AM
Durable Goods Orders
Released On 7/25/2014 8:30:00 AM For Jun, 2014
Prior Prior Revised Consensus Consensus Range Actual
New Orders - M/M change -1.0 % -1.0 % 0.5 % -0.5 % to 1.5 % 0.7 %
Ex-transportation - M/M -0.1 % -0.1 % 0.7 % 0.3 % to 1.8 % 0.8 %
Highlights
Durables orders made a comeback in June. New factory orders for durables rebounded 0.7 percent, following a decline of 1.0 percent in May. The latest number came in higher than the market consensus for a 0.5 percent gain. Excluding transportation, orders advanced 0.8 percent in June, following a dip of 0.1 percent in May. Analysts projected 0.7 percent.
Durables orders made a comeback in June. New factory orders for durables rebounded 0.7 percent, following a decline of 1.0 percent in May. The latest number came in higher than the market consensus for a 0.5 percent gain. Excluding transportation, orders advanced 0.8 percent in June, following a dip of 0.1 percent in May. Analysts projected 0.7 percent.
Transportation partially rebounded 0.6 percent after falling 2.6 percent in May. The latest boost was from defense aircraft and nondefense aircraft. Motor vehicles declined.
Outside of transportation, gains were posted in primary metals, machinery, computers & electronics, and "other." Declines were in fabricated metals and electrical equipment.
Orders for equipment investment improved. Nondefense capital goods orders excluding aircraft rebounded 1.8 percent in June after decreasing 2.1 percent the month before. Shipments of this series, however, fell 1.0 percent in June after slipping 0.1 percent the month before. These numbers point to softness in the business equipment component in second quarter GDP.
Manufacturing continues on a recent uptrend, retaining a key engine of growth. Then next news on this sector is production worker hours in manufacturing in the employment report for July.
Released On 7/25/2014 8:30:00 AM For Jun, 2014
Prior Prior Revised Consensus Consensus Range Actual
New Orders - M/M change -1.0 % -1.0 % 0.5 % -0.5 % to 1.5 % 0.7 %
Ex-transportation - M/M -0.1 % -0.1 % 0.7 % 0.3 % to 1.8 % 0.8 %
Highlights
Durables orders made a comeback in June. New factory orders for durables rebounded 0.7 percent, following a decline of 1.0 percent in May. The latest number came in higher than the market consensus for a 0.5 percent gain. Excluding transportation, orders advanced 0.8 percent in June, following a dip of 0.1 percent in May. Analysts projected 0.7 percent.
Durables orders made a comeback in June. New factory orders for durables rebounded 0.7 percent, following a decline of 1.0 percent in May. The latest number came in higher than the market consensus for a 0.5 percent gain. Excluding transportation, orders advanced 0.8 percent in June, following a dip of 0.1 percent in May. Analysts projected 0.7 percent.
Transportation partially rebounded 0.6 percent after falling 2.6 percent in May. The latest boost was from defense aircraft and nondefense aircraft. Motor vehicles declined.
Outside of transportation, gains were posted in primary metals, machinery, computers & electronics, and "other." Declines were in fabricated metals and electrical equipment.
Orders for equipment investment improved. Nondefense capital goods orders excluding aircraft rebounded 1.8 percent in June after decreasing 2.1 percent the month before. Shipments of this series, however, fell 1.0 percent in June after slipping 0.1 percent the month before. These numbers point to softness in the business equipment component in second quarter GDP.
Manufacturing continues on a recent uptrend, retaining a key engine of growth. Then next news on this sector is production worker hours in manufacturing in the employment report for July.
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