US durable goods orders for April • Prior month +0.9% • Durable goods orders for April 0.7% versus -0.8% expected. Prior month 0.8% • Ex-transport +0.4% versus 0.1% expected. Last month 0.0%. • Ex-defense MoM was 0.0% vs 1.2% last month • Nondefense Cap Ex-air 0.3% vs 0.1% expected. Last month -0.2%. • Shipments were up 0.4%. The gain in durable goods orders was the third consecutive monthly increase. Transportation equipment – also up three consecutive months, led the increase with a 1.2% gain for the month. Of note is that this number can be quite volatile. Last month the preliminary release showed 2.6% gain in ... (full story)

The number of durable goods orders in the United States went up by 0.7% or $1.9 billion in April, landing at $284.1 billion, a report published by the United States Census Bureau on Friday showed. Transportation equipment led the upbeat trend, jumping 1.2% or $1.1 billion in comparison to the previous month, coming in at $96.2 billion. Excluding transportation, new orders grew 0.4% in the reported month. In addition, shipments of manufactured durable goods increased by 1.2% or $3.4 billion from the month before to stand at $285.7 billion. Unfilled orders for manufactured durable goods advanced by 0.2% or $3.1 billion ... (full story)