Beverly Hills 1/6/2010 12:54:46 AM
News / Business

US Factory Orders Increase Beat Analysts Forecasts

Finance World News Update by EQUITIES Magazine

In November, U.S. factory orders rose over two times more than the anticipated number, fueled by gains in demand for business equipment. The news implies that companies are boosting spending and production.

 

After a record inventory reduction in the first nine months of 2009, demand has increased and spurred production at U.S. factories. The production should lead to more hiring and corporate investment as the economy recovers.

 

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Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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