Skip to: Content
Skip to: Site Navigation
Skip to: Search


Durable goods orders up 5.9%

By Reuters / December 24, 1986



Washington

Orders for expensive durable goods rose a strong 5.9 percent in November, reversing a slump in orders to US factories a month earlier, the Commerce Department reported Tuesday. Military business led the pickup. The increase contrasted with a steep 4.7 percent fall in orders for big-ticket items - everything from cars to refrigerators - recorded in October.

Skip to next paragraph

The October figure was revised from an originally reported 5.1 percent drop. The Commerce Department said last month's order rise was the largest single-month increase since an 8.2 percent gain in November 1984.