Durable Goods Orders Post Strong November on Business Investment

Here's another bit of evidence that the nation's factory sector is mending. Durable goods orders rose a seasonally adjusted 0.2% in November, the U.S. Commerce Department announced Thursday. However, the top-line 0.2% increase doesn't convey the entire story. Taking away the often-volatile aircraft orders component, which dropped sharply in November, leaves the "core rate" with an impressive 2% jump.