CNN is reporting America’s manufacturing slow down may spill over into other sectors.

“Recession fears were reinforced on Thursday after the Institute for Supply Management said its non-manufacturing index dropped to 52.6 last month, down from 56.4 in August. This barometer of growth among service providers such as banks, restaurants and hotels is now at the lowest level since August 2016…

Although the service sector is still expanding, the gloomy report raises concern that America’s manufacturing troubles are spilling over into the broader economy. Slammed by the trade war, US manufacturing activity dropped deeper into contraction in September, the most sluggish month for factories since June 2009.”

And this from The Wall Street Journal this week: U.S. factory activity contracted for the second straight month in September and hit a 10-year low, triggering fresh concerns about the economy and a broad stock-market decline.

And, recent news that a slow down in manufacturing had intensified, sent global markets tumbling, as reported in The Guardian

News this week surfaced that HP intends to reduce its global staff by thousands over the next three years. And in the U.S., two metal and steel manufacturers were among those informing the state of Illinois of more than 500 pending job cuts.