U.S. manufacturing gauge tops estimates as jobs, orders rebound

THE INSTITUTE FOR SUPPLY MANAGEMENT index, which aims to capture manufacturing business conditions, increased to 59.3 from 57.7 in November. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
THE INSTITUTE FOR SUPPLY MANAGEMENT index, which aims to capture manufacturing business conditions, increased to 59.3 from 57.7 in November. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
NEW YORK - A gauge of United States manufacturing rebounded in November as new orders picked up and companies added workers, indicating that factories remain relatively healthy in the fourth quarter. The Institute for Supply Management index, from a survey that aims to capture manufacturing business conditions, increased to 59.3 from 57.7, data showed Monday. The…

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