U.S. Durable Goods Orders Rebound Much More Than Expected In November

Reflecting a significant rebound in orders for transportation equipment, the Commerce Department released a report on Friday showing new orders for U.S. manufactured durable goods surged by much more than expected in the month of November. The report said durable goods orders spiked by 5.4 percent in November after tumbling by a revised 5.1 percent in October.Original Article