September 1, 2010
Manufacturing Sector Continues Slow Growth
By Matthew L. Brown
Economic activity in the nation's manufacturing sector increased for the 13th consecutive month, the Institute for Supply Management said in its August Report on Business.
ISM's Purchasing Managers' Index hit 56.3 in August after registering 55.5 the month before.
The index showed growth across most of the manufacturing sector, although growth in new orders and supplier deliveries declined slightly.
Manufacturers surveyed by ISM said international business was brisk with intermittent delays during the month.
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