Thursday, December 27, 2007

US DURABLE GOOD ORDERS ROSE

Dec. 27 (Bloomberg) -- Orders for U.S. durable goods rose less than forecast in November, restrained by a slump in defense procurement and declines in capital equipment.

The 0.1 percent increase, the first gain in four months, followed a revised 0.4 percent drop in October that was larger than previously reported, the Commerce Department said today in Washington. Excluding transportation, demand fell 0.7 percent.

BLOOMBERG

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