Wednesday, October 13, 2010

Kansas City Fed district manufacturing improves - The Business Journal of the Greater Triad Area:

pohevovotybuc.blogspot.com
The production index for manufacturers reporting an increasre in production in June from May was9 — its first foray into positive territory since August. About 33 percenty of companies surveyed said productionwas up, and aboutf 22 percent said it was The index was at -3 in May and -8 a year ago. Productiomn indexes increased for durable andnondurable goods-producingg plants. The indexes for shipments, new orders and order backlog all increasedd forthe second-straight month and emerged from negative territory. The employment index was -10 in June, up from -13 in May. It was at -9 a year ago. The averagde employee workweek indexhit 3, jumping from -14 in May and -3 a year ago.
The index had been negative since August. Inventories for materials and finished goodsremained negative, worseninh from May to June and from last The future-production outlook index reached 13, up from 1 in May and down from 17 a year ago. The futurre capital expenditures index fellto -13 in June from -10 in May. The bank said most firm indicated “some lingering hesitancy on major investmentsz due to the only recent pickup in activity.” The 10th districg covers Western Missouri, Kansas, Colorado, Nebraska, Oklahoma, Wyoming and northerhn New Mexico.

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