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Durable goods orders bumped up by Boeing

WASHINGTON, Dec. 23 (UPI) -- U.S. durable goods orders rose 3.8 percent in November, with a big push in transportation orders, the Commerce Department said Friday.

New orders for U.S. factories rose to $207 billion, rising for the fourth month in the past five.

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Excluding the volatile and influential category of transportation, orders rose 0.3 percent. Orders with defense items excluded rose 3.7 percent.

Transportation orders rose by $7 billion or 14.7 percent to $54.4 billion after dropping by $2.4 billion in October.

Transportation is isolated from the overall data because big-ticket planes, trains, ships and trucks can quickly skew the data.

This was precisely the case in November.

U.S. plane maker Boeing said in November it had landed -- what was then its largest order ever in terms of money value -- an $18 billion Emirates Airline order for 50 planes.

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