K.C. Fed: Manufacturing Growth Getting Stronger

Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “continued to strengthen in February,” according to the bank’s monthly manufacturing survey, released yesterday.

“Production increased further, and producers’ expectations for future activity, including for hiring, were positive overall,” the survey said. “Raw materials price indexes remained elevated, but finished goods prices were generally unchanged, although a rising share of firms plan to raise finished good prices in the future.”

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