The U.S. Commerce Department reported on Wednesday that the durable goods orders increased 0.9 percent m-o-m in November, following a revised 1.8 percent m-o-m jump in October (originally a 1.3 percent m-o-m climb).

Economists had forecast a 0.6 percent m-o-m gain.

According to the report, orders for durable goods excluding transportation increased 0.4 percent m-o-m in November, following a revised 1.9 percent m-o-m advance in October (originally a gain of 1.3 percent m-o-m), slightly missing economists’ forecast of 0.5 percent m-o-m rise.

Meanwhile, orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.4 percent m-o-m in November after a revised 1.6 percent climb m-o-m in October (originally a 0.8 percent m-o-m gain). Economists had called for a 0.7 percent m-o-m advance in core capital goods orders in November.

Shipments of these core capital goods rose 0.4 percent m-o-m in November after a revised 2.6 percent m-o-m jump in the prior month (originally a 2.4 percent m-o-m surge).