US durable goods orders up by 5.3% in November

Durable goods orders in the United States advanced 5.3% in November to reach $323.8 billion, the US Census Bureau reported on Monday. The figure marks a rise from the October's revised loss of 2.1%. Transportation equipment led the increase, rising 14.7% to reach $119.3 billion. The new orders, excluding transportation, increased 0.5%, and excluding defense, advanced 6.6%. Shipments of manufactured durable goods lost 0.2%, reaching $308.6 billion. Unfilled orders of the durable goods added 1.3%, landing at $1,513.2 billion.