US factories see orders rise in December

WASHINGTON - U.S. factories saw demand for their products rise in December by the largest amount in five months, a spot of welcome news that failed to change the picture of an economy struggling to stay afloat.

By (AP)

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Published: Mon 4 Feb 2008, 9:25 PM

Last updated: Sun 5 Apr 2015, 12:19 PM

The Commerce Department reported Monday that orders placed with U.S. factories rose by 2.3 percent in December. That was an improvement from the 1.7 percent gain posted in November and marked the biggest increase since July.

The performance in December was slightly better than the 2 percent rise that economists were forecasting.


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