U.S. President Barack Obama said on the 1st that the positive manufacturing data released that day shows that the government's measures to address the crisis are correct and that the United States is on the path to economic recovery.
A report released by the Institute for Supply Management that day showed that the U.S. manufacturing sector saw its first rebound in 19 months in August. In response, Obama stated that this means U.S. companies are increasing investment and output, which is a "signal" that the U.S. economy is on the path to recovery.
Obama emphasized that this positive news also shows that the U.S. government's efforts to save the economy "from the brink" are working.



