- March factory orders revised to +3.4% from +4.3%
- Ex transport to -0.4% from -0.2%
- Nondefense capital goods orders ex air -0.2% vs +0.1%
The amount of times this report is revised is dizzying but this will be a drag on Q1 GDP when it’s revised.
This article was written by Adam Button at www.forexlive.com.
