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But analysts expect the index, a gauge of future growth, to rebound in the next report.
New orders, a gauge of future production, were unchanged at 65.7.
Also, a gauge of future economic activity in the United States fell in June.
New contracts, which can stretch over years, are a gauge of future business.
Housing permits, a gauge of future construction, rose last month to the highest level since December.
On Thursday, Mr. Immelt said the backlog, a gauge of future results, was $177 billion.
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A gauge of expected future volatility in the markets, the so-called VIX, fell on Monday after spiking on Friday, and remained far below the level it reached last summer when problems in the Chinese economy came to the fore.
But Vygotsky maintained that at 4 or 5, a child's ability to play creatively with other children was in fact a better gauge of her future academic success than any other indicator, including her vocabulary, her counting skills or her knowledge of the alphabet.
They would then use this as a gauge of likely future volatility.Mr Engle's approach, ARCH (for autoregressive conditional heteroscedasticity, should you insist on knowing) gave researchers the power to test whether and how volatility in one period is related to volatility in earlier times.
If past tax reform proposals are any gauge of the future, then this tax reform that we're assuming gets enacted will give a real sweetheart deal to all the U.S. multinationals that have kept their profits overseas.
An Ifo index gauging expectations of future business conditions fell to 99.3 from 100.7.
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