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Factory orders outside of autos and airplanes soar

Orders for long-lasting manufactured goods outside of the volatile transportation category rose by the largest amount in eight months in November. Factories saw demand increase for computers, appliances and heavy machinery. Total orders for durable goods dropped 1.3 percent, the Commerce Department reported Thursday. That decline reflected sagging demand for aircraft and autos. But excluding… Continue Reading Factory orders outside of autos and airplanes soar

A surge in demand for commercial aircraft lifted orders for big-ticket manufactured goods in September, but businesses spent less on computers and machinery. The Commerce Department says orders for durable goods rose 3.3 percent last month. Overall, it was the best showing since January. But excluding transportation, orders fell 0.8 percent after having risen 1.9… Continue Reading Aircraft orders increase durable goods outlook, but spending soft

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