Durable Orders Rise 2.7%; Ex-Transport Down 3.6%

WASHINGTON — Durable goods orders rose 2.7% in January, driven by orders for aircraft, as durable orders excluding transportation dropped by 3.6%, the largest amount in a year, the Commerce Department reported Thursday.

Durable orders for transportation goods jumped 27.6% for the month as businesses placed orders for nonmilitary aircraft and parts.

Economists expected durable goods would increase 2.7% and durable orders excluding transportation would increase 0.4%, according to the median estimate from Thomson Reuters.

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