by Warren Cole Smith
Posted 2/09/15, 11:30 am
A mixed bag. The news was pretty mixed last week. On Monday, a key measure of manufacturing activity indicated the economy is slowing down. The closely watched Institute for Supply Management index of manufacturing activity fell to 53.5, two points lower than last month’s reading. A reading above 50 indicates the sector is expanding, so U.S. manufacturing—which helped lead the country out of the recession—is still growing, but barely.