Manufacturing activity and new orders fell slightly in September in a seven-state region that includes Kansas and Missouri, according to a report Thursday by the Federal Reserve Bank of Kansas City.
“Factories reported only minimal overall growth in our region,” this month, said Chad Wilkerson, a vice president and economist at the Kansas City Fed.
The region covers the Fed’s Tenth District, which encompasses Nebraska, Colorado, Wyoming, Oklahoma, part of New Mexico, Kansas and the northern half of Missouri.
Despite the weakness in September, the report noted that factory business should bounce back later year and into early 2013. Read more on Kansas City Star.