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TravelCenters of America LLC Message Board

  • granicus007 granicus007 Dec 27, 2011 2:39 PM Flag

    Durable goods up(good for trucking!)

    UPDATED: 12/27/2011 8:00:00 AM Write a Letter to the Editor Write a letter to the Editor
    Durable Goods Orders Rise by Most in Four Months

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    Durable goods orders rose by the most in four months in November, Commerce Department reported.

    The 3.8% increase followed a revised no change in October that had originally been reported as a 0.7% decline.

    Economists had expected a 2.2% gain in November, Bloomberg reported.

    Excluding volatile transportation orders, bookings for goods meant to last several years rose 0.3%, following a 1.5% gain, Commerce said.

    Durable goods include large items like refrigerators and air conditioners. Trucking is a major beneficiary of durable goods manufacturing, hauling both components and finished goods.

8.20-0.18(-2.15%)Jun 24 4:02 PMEDT