Jan Factory Orders -0.5%; Ex-trans -0.1%....>

US DATA: Jan Factory Orders -0.5%; Ex-trans -0.1%

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-Jan factory orders -0.5% v -0.1% BBG; ex-defense new orders +1.3%

-Jan factory orders ex-trans -0.1%; transportation -2.1%

-Dec factory orders +1.9% (prev +1.8%)

-Jan durable orders unrev at -0.2%; nondur -0.8%

-Jan mfg inventories -0.1; shipments -0.5%; unfilled ords flat

-Jan nondef cap gds ex-aircraft orders +1.1%; def cap gds -39.8%

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US factory orders fell -0.5% in January, the biggest drop since November 

when new orders plummeted -1.2%. December factory orders were revised 

higher by one-tenth to 1.9% (prev +1.8%). Factory orders excluding 

transportation decreased -0.1%, the largest decline since September, but 

new orders excluding defense rose 1.3%, the largest percent increase 

since August 2018 when orders also rose 1.3%. Durable goods new orders 

were unrevised at -0.2%. Defense capital goods new orders fell -39.8% in 

January, the largest drop since February 2017 when orders fell -57.5%.