22 Dec 2016
US: Durable goods orders fall 4.6% in November
Orders for durable goods in United States declined 4.6% in November from a month earlier to a seasonally adjusted $228.17 billion, the Commerce Department said Thursday.
However, the reading was slightly better than the 4.7% decline expected by analysts.
When excluding transportation sector, new orders increased 0.5%, above 0.2% rise expected. When excluding defense orders slid 6.6%.