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QVMS - Tech And Aircraft Push Durable Goods Orders Higher In November
Invesco S&P SmallCap 600 QVM Multi-factor ETF
New orders for durable goods increased in November, rising 2.5 percent, the second consecutive gain and the 17th increase in the last 19 months.
Core capital goods orders have risen in 17 of the last 19 months, putting the level at $78.8 billion, just below the record high of $78.9 billion in October.
Durable goods manufacturing continues to be one of the strongest areas of the economy.