Wall Street Journal (10/01/14) Kathleen Madigan
The Institute for Supply Management’s manufacturing index fell to 56.6 in September from 59.0 in August, which had been the highest reading since March 2011. A figure above 50 indicates expansion. Hiring has been modest despite steady economic growth in the U.S. and increasing demand for manufactured products. The results of the survey indicate that high levels of new orders and production may not lead to larger numbers of factory workers. Fifteen of the 18 industries included in the survey saw output growth.
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