NEW YORK — U.S. factory orders grew 1.1% in December, the Commerce Department reported Friday.
Orders excluding transportation rose 0.6%.
Economists expected factory orders would rise 1.5% for the month, according to the median estimate from Thomson Reuters.
Factory orders in November were revised to a rise of 2.2% from the 1.8% jump reported last month. November orders excluding transportation were revised higher to a 0.5% increase from the previously reported 0.2% rise.