Manufacturing activity in the Federal Reserve Bank of Kansas City's region "rose moderately, although producers' expectations for future activity eased somewhat," according to the bank's monthly manufacturing survey, released Thursday.

"We saw several positive things in this month's survey. Production and shipments rebounded after being disrupted by storms last month," said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, "And while some firms remain hesitant to expand, overall capital spending and hiring plans remain positive."

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.