News In Brief

Orders for durable goods climbs 8.3% in November

Orders to factories for ''big-ticket'' durable goods, climbed 8.3 percent last month, the biggest increase in more than four years, the Commerce Department reported Friday. More than half the increase was attributed to a surge in demand for defense equipment, particularly aircraft and ships. But even without the defense increase, new orders rose 3.3 percent. The November gain was the first since August.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK