ISM Index Dips to 52.6 From 52.9 in August

The overall national economy grew for the fifth straight month, while the manufacturing sector expanded for the second time after 18 months of contraction, according to an Institute for Supply Management report yesterday.

According to the ISM’s monthly report on business, the ISM index dipped to 52.6 in September from 52.9 in August.

Economists polled by Thomson Reuters predicted the index would rise to 54.0.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER