caLogo

WASHINGTON — November orders for US-built durable goods reversed an October dip, rising 0.2% to $166.9 billion on higher demand for computers and electronics.

Computers and electronics orders were up 3.7% for the month, said the US Department of Commerce.

Transportation fell 5.5%, as civilian aircraft plunged 32.6%, and defense aircraft dropped 3.2%. Excluding transportation, new orders were up 2%, Excluding defense, new orders edged down,

Durable goods are defined as products with a minimum useful life of three years, and include planes, autos, white goods and PCs, among others.

It was the second time in three months that new orders rose. New orders were up in September, then fell 0.6% in October.

 

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article
Don't have an account yet? Register Now!

Sign in to your account