Posted February 26, 2010
10th District manufacturing expands
The seven-state 10th Federal Reserve District manufacturing activity continued to strengthen in February.
Production increased further, and producers' expectations for future activity, including for hiring, were positive overall. 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.
The net percentage of firms reporting month-over-month increases in production in February was 19, up from 13 in January and 7 in December.
The survey includes Oklahoma, Colorado, Kansas, Nebraska, Wyoming, northern New Mexico and western Missouri.
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