US: Durable goods orders accelerate to + 2.5%, but capital goods orders component slows

In November, US durable goods orders rose by 2.5%, compared to the + 1.6% expected by the consensus and in marked recovery from the previous decline of -0.4% (slightly revised figure up from -0.5% initially announced).

Excluding the transport sector, the figure advanced by 0.8%, compared to + 0.3% last month (revised slightly down from the + 0.5% initially announced).

Orders for capital goods – excluding the defense and aviation sectors – however fell by 0.1%, compared to + 0.9% in October (revised upwards from the + 0.7% initially disclosed).