Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “eased slightly in November, but expectations for future months remained relatively solid,” according to the bank’s monthly manufacturing survey, released Wednesday.
“Factory activity in the region grew slightly slower in November than in the previous two months, and price pressures eased a bit,” said Chad Wilkerson, vice president and economist at the Kansas City Fed.
“But capital spending plans were generally solid, and many firms planned to add workers in coming months as well,” he said.
