Georgia manufacturing tumbles again

More bad news for, and from, Georgia’s manufacturers.

For the third month in a row, according to a barometer of economic activity released Friday by Kennesaw State University, factory employment, production and orders dropped.

Chin up, though: Georgia’s manufacturing sector is still growing, albeit at a sclerotic pace.

The school’s Econometric Center reports that the Purchasing Managers Index (PMI) remains in overall positive growth territory with a 53.6 rating for September. That’s down 1.4 points from the previous month. Anything above 50 reveals an expanding manufacturing base.

Businesses “taking a breather” to restock inventory, and the expiration of home-buying tax credits, is party to blame for the downturn, KSU reported.

About the Author

Dan Chapman

‘Bienvenidos a Atlanta!’: Business leaders ready to woo World Cup travelers

Pat Wilson, Georgia’s top economic development official, said the World Cup will present the most exposure Atlanta has seen since the 1996 Centennial Olympic Games.

1h ago

One of Georgia’s biggest companies is getting into outdoor recreation

Cox Outdoors will bring together recent investments in KUIU and Loop Tackle and planned future ventures in outdoor recreation.

Why a metro Atlanta investor group is starting a new bank

A group of longtime community bankers is attempting to start Georgia Skyline Bank, based in Roswell.

The Latest

Credit: Courtesy of Nissan

OPINION

Nissan’s e-Power: An EV driving experience, fueled by gas

OPINION

December car sales are good but not magic

In the market for a luxury vehicle? You might reconsider Lincoln.

Featured

Credit: arvin.temkar@ajc.com

Georgia districts forge their own way as troubled program faces a crossroads

School districts are dropping out of GNETS to serve students with emotional and behavioral disabilities.

Ex-Truett McConnell VP indicted in case tied to sex abuse probe

A White County grand jury has indicted a former Truett McConnell University vice president, accusing him of lying to a county sheriff investigator.

Dickens asks top donors for $250K to help fund inauguration events

Atlanta Mayor Andre Dickens is soliciting up to $250,000 from top donors to sponsor three days of events celebrating his second-term inauguration.