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Manufacturing & The Economy

KC Fed: Manufacturing Activity Off to Strong Start in 2018

Manufacturing activity in the Kansas City Federal Reserve district strengthened further in January, and firms’ expectations for future activity increased. Most price indexes rose moderately from the previous month, with some indexes reaching five to ten-year highs. Growth in factory activity improved at both durable and non-durable goods plants, particularly for machinery, aircraft, chemicals and plastics.

Manufacturers were optimistic about the next six months, with roughly half of respondents expecting increased new orders, production, shipments and employment in the coming months. 

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