Updated:
2/24/2011 9:15:00 AM
Durable goods orders rose 2.7% in January, the Commerce Department said Thursday.
Orders for capital equipment rose after a 0.4% drop in December, though orders excluding transportation equipment fell 3.6%, Commerce said.
Analysts had forecast a 2.8% increase in durables orders and a 0.5% increase excluding transportation, Bloomberg reported.
Durable goods include large items such as refrigerators and air conditioners. Trucking is a major beneficiary of durable goods manufacturing, hauling both components and finished goods.
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