ALG - Manufacturing shrinks in August, will weigh on Obama's reelection

Sept. 4, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson today responded to the manufacturing Purchaser Managers Index (PMI) published by the Institute for Supply Management showing a contraction in manufacturing for the third straight month:

"Obama's recession is unmistakable, with manufacturing decreasing for the third straight month. Two months out from a presidential election that will be determined by the state of the economy, slowing production does not bode well for the incumbent. It is now up to Obama to explain why after trillions of dollars of 'stimulus,' unemployment is still high and we are not growing our way out of this. The economic contraction we are experiencing is inexcusable."

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