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MW: November durable orders down 1%,
 
WASHINGTON (MarketWatch) -- Orders for U.S.-made durable goods fell 1% in November, the Commerce Department estimated Wednesday, as orders for transportation goods fell 7.4%. Economists surveyed by MarketWatch had expected an overall decline of 3%. Excluding transportation, orders rose 1.2%. Orders for core capital equipment - the kind of investments businesses make to expand or update their productive capacity - rose 4.7% in November, after a 6.6% decline in October. November shipments of durable goods fell 2.6% after a 3.4% decline in October. Excluding transportation, shipments fell 2.4% in November after a 2.7% decline in October. New orders for durable goods in October were revised to a decline of 8.4%, compared with a prior estimate of a 6.9% drop.
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