US: Durable Goods Orders climb 3.5% in November

FXstreet.com (Córdoba) - Orders for US long-lasting goods rose 3.5% in November following a 0.7% drop the previous month (revised up from -1.6%), the Commerce Department reported Tuesday. This reading exceeds expectations of a 2.0% increase.

Excluding the transportation sector, orders grew 1.2%, coming in above estimates of a 0.6% rise and better than the previous 0.7% (revised).