Manufacturing expands in September


Manufacturing grew at a faster pace in September than previous months.

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Manufacturing grew at a faster pace in September than previous months.

The Institute for Supply Management said Monday that its manufacturing index rose to 51.6, up from 50.6 in August. A reading above 50 indicates expansion. The increase follows two months of declines.

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.

Read more at OregonLive.com.

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