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