U.S. business in­vest­ment rose in Novem­ber. U.S.

The Denver Post - - BUSINESS -

busi­nesses stepped up their spend­ing on in­dus­trial ma­chin­ery, steel and other big-ticket items last month, a sign that one of the econ­omy’s weak spots may be im­prov­ing.

The Com­merce Depart­ment said Thurs­day that a mea­sure that tracks business in­vest­ment rose 0.9 per­cent in Novem­ber, af­ter a slight 0.2 per­cent rise the pre­vi­ous month.

Or­ders for all big-ticket fac­tory goods fell 4.6 per­cent, mostly be­cause of a sharp fall in de­mand for com­mer­cial air­craft. Ex­clud­ing trans­porta­tion-re­lated goods, or­ders rose 0.5 per­cent.

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