Prior was -1.3%Ex transport +0.2% vs -0.2% priorRevisions to November durable goods orders:Durable goods +5.3% vs 5.3% prelimNon-defense capital goods orders ex-air +0.4% vs +0.7% prelimThe factory orders report is good news but much of the gain disappears when you strip out transportation, which is volatile. The downgrade to November non-defense cap goods orders ex air is a mild disappointment. Roughly half of all factory orders are durable goods, making this report essential for understanding total manufacturing demand. A critical feature of the Factory Orders report is that it contains the final revisions to the durable goods data released approximately one week prior. The Factory Orders release incorporates more detailed data and a larger sample size, often leading to significant adjustments in the durable goods figures.