K.C. Fed Survey Finds Solid Growth in Manufacturing

Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “continued to grow solidly, with production almost back to year-ago levels,” according to the bank’s monthly manufacturing survey, released yesterday.

“Producers’ expectations for future factory activity rebounded after moderating slightly in February,” the manufacturing survey reported.

“Price indexes were mixed, with some moderation in raw-materials price increases, but more producers planned to pass through cost increases than in previous months,” the survey said.

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