Manufacturing in U.S. accelerates to cap best year since ’04

U.S. MANUFACTURING expanded in December at the fastest pace in three months. / BLOOMBERG FILE PHOTO/JIM YOUNG
U.S. MANUFACTURING expanded in December at the fastest pace in three months. / BLOOMBERG FILE PHOTO/JIM YOUNG
NEW YORK - U.S. manufacturing expanded in December at the fastest pace in three months, as gains in orders and production capped the strongest year for factories since 2004, the Institute for Supply Management said Wednesday. Highlights of ISM manufacturing (December) Factory index climbed to 59.7 (est. 58.2) from 58.2 a month earlier; readings above 50…

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