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Manufacturing growth slows
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Contributor | RP |
Last Edited | RP Sep 02, 2004 03:05pm |
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Category | Analysis |
News Date | Thursday, September 2, 2004 06:00:00 AM UTC0:0 |
Description | The nation's manufacturing sector posted slower growth in August, a report from the nation's purchasing managers said Wednesday, as the closely watched ISM index slumped below Wall Street forecasts.
Most of the other indexes that make up the overall ISM number, such as those measuring production levels, order backlog and new orders, showed a slowdown from July levels, but still reported growth with readings above 50. |
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