Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “rebounded in September as firms’ orders picked up slightly, and expectations mostly held steady with last month’s positive outlook,” according to the bank’s monthly manufacturing survey released yesterday.

The production index increased to positive 16 in September from negative 7 in August, while the volume of shipments index reversed to positive 12 from negative 12, the volume of new orders index surged to positive 10 from negative 8, and the backlog of orders index increased to negative 8 from negative 17.

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