WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose a modest 0.2% in December, held back by a big drop in the volatile aircraft sector. A key category that tracks business investment decisions slowed.
The rise in orders for durable goods, items expected to last at least three years, followed much stronger increases of 1.2% November and 1.8% in October, the Commerce Department reported Wednesday.
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods jumped 11.2% in July, the third consecutive monthly gain.
And the jump last month was even larger than the 7.7% increase in June, the Commerce Department reported Wednesday.
The strong advance last month, however, was led by the volatile transportation sector, which spiked 35.6%. Excluding transportation, orders would have risen by a more modest 2.4%.