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VOL. 35 | NO. 39 | Friday, September 30, 2011




Manufacturing expanded slightly in September

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WASHINGTON (AP) — Manufacturing grew at a faster pace in September than in August, though the pace of growth remains weak.

The Institute for Supply Management, a trade group of purchasing executives, says its manufacturing index increased to 51.6, up from 50.6 in August. A reading above 50 indicates expansion. The increase follows two months of declines.

Measures of production and exports grew, while a gauge of new orders was unchanged. Factories also added workers, the report says.

The manufacturing sector has been a key driver of the economy's growth since the recession officially ended in June 2009. The index topped 60 for four straight months earlier this year. It rose above 50 a month after the recession ended and has topped that level ever since.

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TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0