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  • factories are humming.

  • Manufacturing activity in the US unexpectedly rose in December to its highest level in nearly 2.5 years.

  • The Institute for Supply Management reported Tuesday that it's National factory activity index rebounded to 60.7 from 57.5 in November, indicating an expansion in manufacturing.

  • Economists had expected the index to slip.

  • The pandemic has spurred demand for manufactured goods as a surgeon.

  • Coronavirus infections keeps people from spending on services.

  • Working and studying from home has driven consumers to snap up electron ICS, home improvement products and other goods like exercise equipment.

  • The robust manufacturing sector likely helped keep the economy afloat in the fourth quarter, even as depleted government pandemic money took a bite out of economic growth.

factories are humming.

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