Economist Ted Wieseman at Morgan Stanley says the U.S. manufacturing economy weakened over the summer.(Economy: how supply managers see business)(Brief Article)

Purchasing, September, 2004

Economist Ted Wieseman at Morgan Stanley says the U.S. manufacturing economy weakened over the summer. And there is some concern that the slowdown in output at U.S. factories, mines, and utilities may continue into the autumn. Factory output fell 0.3% in June, the largest drop in more than a year.

PURCHASING'S Business Activity Index fell to 60.4 in August from 65.8 in July and 67.6 in June.