The chairman of the NAPM's business survey committee Norbert Ore was upbeat about the survey's findings.

BBC: US manufacturing hints at recovery

The reading for American manufacturing is consistent with GDP growth of 4.8%, according to Norbert Ore of the ISM.

ECONOMIST: The economic slowdown does not herald a double dip. Yet

"Usually when we see new orders drop significantly it's not a one-month event, " said Norbert Ore, chairman of the Institute for Supply Management manufacturing business survey committee.

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