U.S. Good news on Durable Goods Orders

Friday, 23 December 2011 04:10

The Commerce Department reported today that U.S. Orders for Durable Goods rose to 3.8% in November, highly exceeding expectations of 2.2%.
That is the highest level in last 4 months.

In October’s reading there was no increase in durable-goods orders.

Excluding transportation index rose 0.3% in November