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US manufacturing expanded at slower pace in May as growth in orders, production weakens

Monday, June 2, 2014   (0 Comments)
Posted by: Ben Gonzalez
U.S. manufacturers grew at a slower pace in May as measures of orders and production fell. Factories also added jobs at a slower pace.The Institute for Supply Management said Monday its manufacturing index fell to 53.2 last month from 54.9 in April. That's the lowest level since February. Any reading above 50 indicates expansion.

http://www.usnews.com/news/business/articles/2014/06/02/us-manufacturing-expanded-at-slower-pace-in-may

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