Economic growth in the US will continue throughout the remainder of 2016 but at a slower rate than forecast at the start of the year, according to the Institute of Supply Management’s semi-annual economic forecast.

Manufacturing revenue is now expected to increase 2.8% in 2016, down from a 2.7% increase forecast in December 2015. US nonmanufacturing net revenue is expected to increase 2.4% in 2016, less than the 2.7% increase forecast in December 2015.

Manufacturing employment will remain at the current level on average through the end of 2016, according to the report. Thirty-two percent of ISM’s manufacturing business survey respondents expect employment to be 5.9% or higher, while 20% predict employment to be lower by 9.9%. The remaining 48% of respondents expect their employment levels to be unchanged for the remainder of 2016.

Nonmanufacturing employment will edge up 0.7% during the balance of 2016.