Nondefense Capital Goods Shipments excl. Aircraft m/m reflect a percentage change in the deliveries of small arms, agricultural machinery and equipment, construction equipment, turbines, generators and other energy transmission equipment, computing and telecommunication equipment, heavy trucks, furniture for offices and enterprises, as well as medical raw materials in the reported month compared to the previous one. A higher than expected reading is seen as favorable for the US dollar, while lower readings are seen as negative.