U.S. durable-goods orders jump on aircraft but key core sector disappoints

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

Durable-goods orders rose 1.3% in November, below the forecast of a 2% gain.

The gain was powered by civilian aircraft orders. Excluding transportation, orders fell 0.1%, the government said.
Business investment slipped 0.1% in November after four monthly gains, based on a closely followed measure known as core capital goods orders. These orders have climbed 5.1% in the past year.

Durable-goods shipments rose 1% in November. Inventories rose 0.2%.