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Higher investment in all but one component accounted for the gain.
Overall employment grew 151,000 in August, with unemployment unchanged at 4.9 percent.
Goods and services deficit down $5.2 billion for month.
Annualized growth through July is 7 percent.
Acquisition expands company's position in municipal flood control and water management markets.
Traditional rebate model based on reactivity may not be enough.
PMI down 3.2 percent from July, and overall economy grew.
Construction spending up 1.5 percent from June.
Index is at the "highest level in nearly a year."