Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 837 Tue. October 03, 2006  
   
Business


Manufacturing index falls in US


US manufacturing grew at a cooler pace in September but still reflected steady overall growth, a survey by the Institute of Supply Management showed Monday.

The widely tracked ISM index of national industrial activity eased to a weaker-than-anticipated 52.9 percent in September from 54.5 percent in July.

Any reading over 50 indicates growth, so the report suggests continuing growth in the industrial economy despite the decline in the headline number.