The seasonally adjusted Milwaukee Report on Business rose to 57.8 in December from 56.7 in November, according to the Institute for Supply Management-Milwaukee.

New orders received slid to 62.5 from 66.2, production gained to 61.4 from 60.8, employment rose to 64.3 from 60.4, supplier deliveries grew to 50.7 from 47.8, and backlog of orders fell to 40.7 from 44.6.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.