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12/21/2012 10:30:00 AM Write a Letter to the Editor Write a letter to the Editor

Durable Goods Orders Rise 0.7%

Durable goods orders rose 0.7% in November, the Commerce Department reported Friday.

The increase followed a 1.1% gain in October that was originally reported as no increase.

It topped economists’ median forecast of a 0.3% increase, Bloomberg reported.

Bookings for nondefense capital equipment, excluding aircraft, rose 2.7% following a revised 3.2% increase in October.

Durable goods include large items such as refrigerators and air conditioners. Trucking is a major beneficiary of durable goods manufacturing, hauling both components and finished goods.

By Transport Topics

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© 2012, Transport Topics Publishing Group. All rights reserved.

Editorial: A Disappointing Stopgap (7/21/2014 4:00:00 AM)
Orders for Capital Goods Rise in May (6/25/2014 8:40:00 AM)
Consumer Spending Declines in April (5/30/2014 8:35:00 AM)
Durable Goods Orders Increase in April (5/27/2014 10:25:00 AM)
Factory Orders Rise 1.1% in March (5/2/2014 10:10:00 AM)
Consumer Spending Rises by Most Since 2009 (5/1/2014 8:50:00 AM)


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