WASHINGTON (Reuters) - production in September grew more rapidly, increasing production and employment, which indicates that the factory will help to keep the economy into a new recession.
In Monday's other data to provide more good news for the troubled U.S. economic recovery and strong demand for rail construction spending will rise unexpectedly rebounded in August, sales of new motor vehicles.
"It's almost sounds like an economic unit on its back, the economy is still moving forward, but no one should confuse the direction and speed, said:" - Joel Naroff (Joel Naroff) Chief Economist home Naroff Economic Advisors in Holland, Pennsylvania.
Plant departments to take a broader economic recovery, the same month marks the 26th consecutive month, expansion, contraction of the manufacturing report suggested the output Championship may be avoided.
Institute for Supply Management said that the country's manufacturing activity index rose to 51.6 last month from 50.6 in August, rebounded in the production plant to promote and enhance employment. Consecutive month, but new orders fell.
Economists had expected the index to edge down to 50.5. A reading above 50 indicates expansion.
Greece admitted that it may miss this year's deficit target of financial market data eclipsed. This dragged down global stocks. U.S. Treasury debt prices rose, while the dollar rose against a basket of currencies.
U.S. officials and economists are keeping a wary eye at Europe, worried about the impact may be sent any slow-growing U.S. economy back into recession. Last month, the Fed warned that "significant" risks to the economy.
Growth in U.S. manufacturing is contrary to weak global trend. Factories in Europe and Asia activities decline in September since the depth of the financial crisis has never been level, the first time in more than two years of driving the world's factory activity.
Vehicle sales, construction spending strong
In the second quarter U.S. economic growth was only 1.3% of the annual growth rate of 0.4% in the first three months after the increase.
The face of the economic recovery is too slow, reduce unemployment, the Fed announced a new initiative last month to push through the transfer of its assets on the balance sheet long-term borrowing costs low.
Soft consumer spending has remained weak economy, but last month the families to enhance their car's consumption.
GM, Chrysler, Volkswagen, Nissan and Ford Motor Company reported preliminary sales track industry-wide sales in September at an annual rate close to 13 million vehicles.
This will be the strongest since April, the pace of increase from 10% last year.
"Many people are anxious for the future, you see, in the consumer confidence survey, but at the same time, many people recognized that this is a good time to buy, CEO of Volkswagen United States, said Jonathan Browning."
Another one from the Commerce Department report showed construction spending in August rose by 1.4%, state and local government construction projects spending to rise sharply.
Economists had expected a decline, saying that this means that a third quarter than they were forecasting the pace of growth has been stronger.
In another positive sign of the economic, small business lending in August rose to 2008, the highest level since April.
Factory employment rose
Although manufacturing accounts for about 12% of the gross domestic product (GDP) and about 11 per cent non-agricultural employment, the sector's continued expansion and cash-rich company's appetite to spend money on machinery to help the economy out of recession.
September manufacturing report, a challenge, working in factories, this may be the government's monthly employment report for September on Friday, a good sign. Economic failure in August to add jobs to stay in a high unemployment rate of 9.1%.
In the report of a dark spot in the third straight decline in orders.
"Forward, will be the main concern, if no new orders pick up," said Bradley Holcomb, ISM manufacturing business survey committee chairman in Dallas, Texas.
However, inventory growth has slowed, the manufacturer as a low supply of customers, which may lead to an increase in orders. In addition, the increase in export orders, suppliers are taking a little longer to make deliveries to the manufacturer, this is a good sign.


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