Norbert Ore Both Quotations

The manufacturing sector continued to contract in September, ... This is the fourth month of decline following 22 consecutive months of growth. While both Production and New Orders grew in September, the PMI was influenced negatively by declines in the Inventories and Employment Indexes.

The manufacturing sector continued to contract in December, ... This is the seventh month of decline. Both production and the new orders declined, signaling that the manufacturing sector is obviously struggling.

In December, we saw a decline in the rate of growth of both new orders and production, but both indexes are at levels that support economic growth.