In November of 2013, US durable goods orders increased 3.5 percent, up from a revised 0.7 percent fall in October, as demand rose for several goods from aircraft to machinery and computers.
New orders for manufactured durable goods in November increased $8.2 billion or 3.5 percent to $241.6 billion. This increase, up three of the last four months, followed a 0.7 percent October decrease.
Excluding transportation, new orders increased 1.2 percent.
Excluding defense, new orders increased 3.5 percent.
Transportation equipment, also up three of the last four months, led the increase, $6.3 billion or 8.4 percent to $81.2 billion. This was led by nondefense aircraft and parts, which increased $3.9 billion.
12/24/2013 1:48:49 PM