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

Keep Reading

Both WABE and GPB would be significantly impacted by federal funding cuts. (Rodney Ho/AJC)

Credit: RODNEY HO/rho@ajc.com

Featured

“Our members cannot be bought off,” General President Sean O’Brien said in a social media statement, calling UPS' offers “illegal and haphazard.” (Hyosub Shin/AJC 2023)

Credit: Hyosub Shin/AJC