Durable Goods Core Orders Rose 0.5 Percent

Durable goods orders decreased 4.6 percent in November to $228.2 billion, according to the latest report from the Department of Commerce. The drop follows four months of consecutive increases. Durable goods are products designed to have a lifespan of longer than three years, such as machinery and computers.

The decline in November was driven by a 73.5 percent decrease in civilian aircraft orders. Orders for transportation equipment in general, a volatile component of manufacturing activity, fell 13.2 percent for its biggest decline in more than two years.