Manufacturing activity in the Federal Reserve Bank of Kansas City's region "continued to grow, and producers' expectations for future activity improved moderately," according to the bank's monthly manufacturing survey, released Friday.

"Factory activity in our region continues to hum along at a moderate rate of growth," said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City. "The marked improvement in hiring plans was a nice development."

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.