Manufacturing Growth Slows

Growth in manufacturing failed to meet expectations in September due to a variety of reasons. The measurement used in the article to measure the growth is the "Institute for Supply Management." The target for manufacturing was 54.8, and the actual number was 54.4, and dropped from 56.3 in August. This means that there was growth in manufacturing it did not meet economic expectations. This is not terrible however, as a reading of 54.4 is consistent with the expected reading that coincides with a 3% growth in GDP. The slowdown is caused by a decrease in key factors like new orders, production, and supplier deliveries. The slowdown in manufacturing is troubling because it could create a domino effect that could send the economy back into a recession. however, their is still growth which is a positive sign and the slowdown could be a natural event.