WASHINGTON—Factory orders increased in December even though companies trimmed orders for the goods that signal investment plans. The Commerce Department says factory orders rose 1.8 percent in December from November, when orders had fallen 0.3 percent.
NEW YORK—The Dow industrials topped 14,000 for the first time since 2007, capping their fifth-straight weekly gain, following encouraging data on U.S. jobs and manufacturing.
WASHINGTON—Orders for durable goods in the United States rose in December for an unprecedented fourth consecutive month, indicating manufacturing will keep improving in 2013.
NEW YORK—Most U.S. manufacturing executives anticipate revenue growth in the year ahead, and plans to hire new employees are at the highest level since mid-2006, according to the latest Manufacturing Barometer from PriceWaterhouseCoopers.