Central Atlantic manufacturing advances
Manufacturing activity in the central Atlantic region advanced slightly in February, following several months of modest declines, according to the Richmond Fed's latest survey.
The index of overall activity inched up as shipments steadied and solid gains in new orders offset a slight decrease in employment. Other indicators were mixed. Backlogs of orders stabilized for the first time in six months and capacity utilization was unchanged from a month ago. Vendor delivery times grew at a slightly slower pace, while manufacturers reported slightly quicker growth in finished goods inventories.
Click here for more.
Click here to access the Industrial Supply magazine Resource Library on current Federal Reserve District Manufacturing Surveys.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
