Durable-goods orders rise 1.3% in November

• December 22, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

Orders for durable, or long-lasting, goods rose 1.3% in November after a 0.4% drop in the prior month, the Commerce Department said Friday. This is the third rise in durable-goods orders in the past four months. Economists had forecast a 2% gain. The increase was powered by commercial aircraft orders. Excluding transportation, orders fell 0.1% in November. So-called core capital-goods orders fell 0.1%, the first decline after four straight gains.