Tuesday, October 30, 2012

KC Fed: Manufacturing activity in district 'declined slightly'

The Kansas City Fed released its October manufacturing index report last week. According to the report, manufacturing activity in the Fed's Tenth district, which includes Colorado, declined and that expectation for future activity "fell considerably."

According to the release:

The Federal Reserve Bank of Kansas City released the October Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity declined slightly in October, and producers' expectations for future activity fell considerably but remained slightly positive.