US: Durable Goods Orders rose by 2.5% MoM in November vs. 1.6% expected rise

According to the latest release by the US Census Bureau, US Durable Goods Orders rose by 2.5% MoM in November compared to market expectations for a solid 1.6% rise in sales.

Core Durable Goods Orders rose by 0.8% MoM in November versus consensus forecasts for a 0.6% rise.