Log Out | Member Center

80°F

85°/60°

Manufacturing in the KC fed district falls in December

  • The Wichita Eagle
  • Published Friday, Dec. 21, 2012, at 10:41 a.m.

Manufacturing in the Kansas City Federal Reserve Bank district fell again in December though by smaller amounts than in October and November, according to a Fed survey.

Factories reported being more optimistic about future production than last month, but a higher share also said they plan to cut employment in coming months.

“We saw factory activity decline for the third straight month, which many firms blamed on the uncertainty created by the fiscal cliff talks,” said Chad Wilkerson, the bank’s vice president and economist.

The Fed district includes Kansas, Colorado, Nebraska, Oklahoma, Wyoming, the western third of Missouri and the northern half of New Mexico.

Subscribe to our newsletters

The Wichita Eagle welcomes your comments on news of the day. The more voices engaged in conversation, the better for us all, but do keep it civil. Please refrain from profanity, obscenity, spam, name-calling or attacking others for their views. Please see our commenting policy for more information.

Have a news tip? You can send it to wenews@wichitaeagle.com.

Search for a job

in

Top jobs