Commerce Department

Commerce Department: Factory orders rose 1.8 per cent in November, the Commerce Department said Monday. That follows a 0.5 per cent decrease in October, according to Times Colonist. The improvements could signal accelerating growth in 2014. Americans are buying more cars and homes, increasing demand for steel, furniture and other goods. That has led factories to hire more workers, generating additional economic momentum and WASHINGTON - U.S. factories orders climbed in November, led by a surge in aircraft demand. And businesses stepped up spending on machinery, computers and other long-lasting goods, a sign of investment that could fuel economic growth. Orders received by manufacturers totalled a seasonally adjusted $497.8 billion in November, the highest level on records dating to 1992. Orders have increased 2.5 per cent over the past 12 months. (www.immigrantscanada.com). As reported in the news.