K.C. Fed: Manufacturing Declined Sharply in Feb.

The Federal Reserve Bank of Kansas City said yesterday that manufacturing activity in its district continued to decline sharply in February.

The Fed said that firms’ expectations for future activity weakened considerably and that price indexes in the survey continued to fall, with most now in negative territory.

The 10th Federal Reserve District encompasses Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico, and western Missouri.

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