American manufacturing slipped more than expected

US manufacturing slipped more than expected.
Markit Economics' flash purchasing managers' index for September — a preliminary reading — fell to 51.4.
Economists had forecast that the index dipped slightly to 51.9.
The report also noted that new business growth continued to ease from June's peak and that export orders dropped for the first time since May.
However, it wasn't all bad news.
"Despite the growth setback in September, manufacturers appear reasonably upbeat about their