Manufacturing in KC Fed district rises

The Kansas City Federal Reserve District reported today that manufacturing rebounded in September, and producers' expectations for future activity also rose.

Most price indexes in the survey edged higher, but finished goods price indexes remain at fairly low levels.

The net percentage of firms reporting increases in production last month was 14, up from 0 in August.

The increase in production occurred among both durable and nondurable goods producing plants, with the exception of machinery and equipment producers, who reported some further slowdown.

The district includes Kansas, Colorado, Nebraska, Oklahoma, Wyoming, northern New Mexico, and western Missouri.