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.

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.