THE HILL POLL: Voters say second term undeserved, country is worse off. “A majority of voters believe the country is worse off today than it was four years ago and that President Obama does not deserve reelection, according to a new poll for The Hill.”

That sounds about right.

UPDATE: Manufacturing Shrinks for Third Straight Month: “Manufacturing shrank at its sharpest clip in more than three years last month, while separate data showed exports and hiring in the sector slumped in another shot to the country’s struggling economy. August was the third month in a row of contraction in manufacturing, and firms in the sector hired the fewest workers since late 2009, according to an Institute for Supply Management survey on Tuesday.”

Plus: Gallup: Americans’ Economic Confidence in August Ties 2012 Low.