Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “declined sharply in October, and firms’ expectations about future factory activity weakened further,” according to the bank’s monthly manufacturing survey released yesterday.

“Price indexes in the survey also fell considerably, though more firms continued to plan price increases heading forward than planned price decreases,” the Fed said.

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.