Partly reflecting a jump in orders for transportation equipment, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods increased by more than expected in the month of November.
The Commerce Department said durable goods orders climbed by 0.9 percent in November after spiking by an upwardly revised 1.8 percent in October.
Economists had expected durable goods orders to rise by 0.6 percent compared to the 1.3 percent jump that had been reported for the previous month.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.