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With export orders rising and confidence growing, the next few months could be surprisingly buoyant.
But first up, the latest factory data from Germany has beaten expectations, with new orders rising by 0.6% in February.
Separate reports on the manufacturing industry painted a mixed picture, with factory orders rising more than expected in July, but Midwest business activity slipping in August.
Demand for manufacturers' products increased in December, the Commerce Department said yesterday, with factory orders rising 0.4percentt over November, when orders fell 0.8percentt.
And this strength was broad based, with new orders rising in virtually every category surveyed except for electrical equipment and appliances.
In the survey, which is based on information supplied by business contacts in the different regions, manufacturing activity continued to expand, with production and new orders rising across most of those regions.
Similar(47)
Sales and new orders rose.
Factory orders rose in May.
Excluding transportation, orders rose 0.9 percent.
Orders rose 2.4percentt in September.
Excluding transportation, orders rose 1.3percentt.
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CEO of Professional Science Editing for Scientists @ prosciediting.com