Subscribe Register Login

Sunday, April 20, 2014, 11:08 a.m.
Top Picks - Mobile App

U.S. durable goods orders jumped 3.5% in November

By The Associated Press

This article was published December 24, 2013 at 8:35 a.m.

WASHINGTON — Businesses stepped up their orders for long-lasting manufactured goods in November. And a key category that signals business investment plans climbed at the fastest pace in 10 months.

The surge in orders for durable goods, which are products expected to last at least three years, was the latest evidence of a rebound in manufacturing. The gains will likely provide support for the economy into 2014.

The Commerce Department said Tuesday that orders for durable goods jumped 3.5 percent last month compared with October, when they had fallen 0.7 percent. The increase was led by a 21.8 percent surge in demand for commercial aircraft, which can be volatile.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Comments on: U.S. durable goods orders jumped 3.5% in November

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Director of plant op

    director of plant operations-Clarity Pointe Little Rock is a...
    LITTLE ROCK, AR

  • Generallaborers

    general laborers: Highway Striping Company seeks full-time g...
    BRYANT, AR

  • Teachers

    england school district is accepting applications for the fo...
    England, AR

  • Student engagement s

    pecialistlyon College seeks a Student Engagement Specialist ...
    BATESVILLE, AR

  • Comm superintendent

    WantedTraveling PositionSalary + Benefits Resume to:jsummer...
    ALEXANDER, AR

Search 1040 jobs >

Top Picks - Mobile App
Arkansas Online