Subscribe Register Login

Wednesday, April 23, 2014, 4:33 p.m.
Top Picks - Capture Arkansas

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

  • Trailer/spotter

    trailer/spotter hiland dairy Long established company seekin...
    Little Rock, AR

  • Welder/fitter

    welder/fitter neededminimum of 4 years verifiable exp. in he...
    WHITE HALL, AR

  • Education

    hot springs school district is seeking applications for: •Su...
    HOT SPRINGS NATIONAL PARK, AR

  • Hvacserv.tech&instal

    hvac service technician & hvac installer needed: Residential...
    LITTLE ROCK, AR

  • Lpn

    part time Apply in person Lonoke Nursing & Rehab 1501 Linco...
    LONOKE, AR

Search 801 jobs >

Top Picks - Capture Arkansas
Arkansas Online