Durable Goods Orders Up Sharply in November
Washington, DC, Dec. 26, 2013 -- Durable goods orders jumped 3.5% in November compared with October, according to the Commerce Department.
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Orders fell the previous month by 0.7%. The increase was led by a 21.8% jump in demand for commercial aircraft, which can be volatile.
Core capital goods, which mirror business investment, rose 4.5%, the biggest gain since January.