factory orders

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US Factory Orders Jump 1.8%

...But indicator of future investments takes a downward turn

(Newser) - US factory orders increased in December, even though companies trimmed their orders for goods that signal investment plans. The Commerce Department says factory orders rose 1.8% compared to November, when orders had fallen 0.3%. But demand for core capital goods, a category considered a proxy for business investment... More »

'Glimmers' of Economic Hope, But Work's Not Done: Obama

(Newser) - After a meeting today with the administration's top economic officials, President Obama said he’s starting to see “glimmers of hope,” Bloomberg reports. The president noted that government loans to small business are up but cautioned, “We’ve still got a lot of work to do.”... More »

2 Stories