The business activity index in the US manufacturing sector fell in September lower than it was expected


The business activity index in the US manufacturing sector in September was 59.8 points, having decreased from 61.3 points in August, the Institute for Supply Management told. The fall of the index turned out to be more significant than it was expected by analysts, who had predicted it at the level of 60 points. The indicator identifying new orders dropped to 61.8 points from 65.1 points. Only 12 out of 18 manufacturing sectors showed an increase in orders. The employment rate rose to 58.8 points from 58.5 points. Employment growth was also recorded in 12 sectors. It is also reported that growth in construction spending in the country did not reach the forecasts of economists in August, who had expected a rise of 0.4%.

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