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Posted January 28, 2010

Kansas Fed: Midwest manufacturing picks up

Growth in Tenth District manufacturing activity strengthened in January, according to the Federal Reserve Bank of Kansas City.


Production returned nearly back to year-ago levels. Producers’ expectations for future factory activity also rebounded strongly after easing slightly in December. Price indexes moved higher, with twice as many firms reporting a rise in current and expected raw materials prices, but pass-through to finished goods prices remained limited.

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