Prior was 0.0% (revised to -0.3%)Non-defense capital goods orders ex-air +0.1% vs +0.1% expectedPrior non-defense capital goods orders ex-air +0.3% (revised to -0.6%)Ex transport -0.3% vs +0.2% expectedEx defense -7.3% vs +0.5% priorShipments -0.9%I would expect to see some lower Q1 GDP estimates on these numbers. Digging into the data, the only notable growth in orders was in 'computers and related products', which is strongly suspect is AI computer chips and the the like. The shipments were up 5.7% and new orders up 5.8%. This article was written by Adam Button at www.forexlive.com.
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