The expansion rate of the US manufacturing industry slowed slightly in September. Despite strong demand, factories are still facing problems such as rising costs and transportation delays. The manufacturing index fell 0.1 points to 54.5, according to data released by the American Institute of Supply Management on Thursday. The index remained above 50 for nine consecutive months, the longest period of continuous expansion since 2022. The September report shows that demand remains steady. The index of new orders picked up, and the backlog index rose to its highest level since February. Output continued to expand, but the rate of growth slowed. Faced with increasing orders, companies are increasing employment. The number of people employed in the manufacturing industry increased for the third month in a row in September, the longest period of continuous growth since 2022. Manufacturers are also dealing with rising costs and supply chain bottlenecks. The price index for raw materials rose to the highest level since May, and supplier delivery times continued to be extended, but at a slower pace.

The expansion rate of the US manufacturing industry slowed slightly in September. Despite strong demand, factories are still facing problems such as rising costs and transportation delays. The manufacturing index fell 0.1 points to 54.5, according to data released by the American Institute of Supply Management on Thursday. The index remained above 50 for nine consecutive months, the longest period of continuous expansion since 2022. The September report shows that demand remains steady. The index of new orders picked up, and the backlog index rose to its highest level since February. Output continued to expand, but the rate of growth slowed. Faced with increasing orders, companies are increasing employment. The number of people employed in the manufacturing industry increased for the third month in a row in September, the longest period of continuous growth since 2022. Manufacturers are also dealing with rising costs and supply chain bottlenecks. The price index for raw materials rose to the highest level since May, and supplier delivery times continued to be extended, but at a slower pace.