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U.S. Durable Goods orders rise 0.2% for November

Written December 24, 2009 at 8:37 AM EST by Shawn Powell 

U.S. Durable Goods orders rise 2% for November excluding transportation, almost double against the forecasts of 1.1%. Adding in the transportation sector took the number down to 0.2% due to slumping personal aircraft sales, this was below estimates of 0.5%. Durable goods orders in October fell 0.6 percent, after a revised 2.2 percent rebound in September.

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