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Thursday, April 24, 2014, 3:43 p.m.
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U.S. manufacturing expands at solid pace in December

By The Associated Press

This article was published January 2, 2014 at 11:00 a.m.

WASHINGTON — U.S. manufacturing grew at a healthy pace in December as factories stepped up hiring and received more orders. The expansion suggests solid growth at the end of the year.

The Institute for Supply Management, a trade group of purchasing managers, said Thursday that its index of manufacturing activity slipped to 57 from 57.3 in November. But that’s still the second-highest reading in the past 2 ½ years. And any reading above 50 signals growth.

A measure of new orders rose to the highest level since April 2010.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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