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Sep 3
Manufacturing Sector Slowly Growing

The manufacturing side of the economy is still growing, but slower than it has been.

The nation’s manufacturing sector expanded in August at a slower clip than in July amid rising commodity prices, a trade group said Friday.

Again, the growth in the economy is slow, but it is growing.

According to the Institute for Supply Management in Tempe, Arizona, the August figure represented the 39th consecutive month of growth in the manufacturing sector.

The nine industries that reported growth in August were: electrical equipment, appliances and components; fabricated metal products; miscellaneous manufacturing; chemical products; computer and electronic products; primary metals; food, beverage and tobacco products; furniture and related products; and paper products.

I guess I'm hoping that you're in one of these industries.


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« Spending By The Construction Industry Drops Again | Main | Healthy August Consumer Spending Bolsters Economists »

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