Manufacturing Activity Dips In December, Outlook Stays Strong

The Federal Reserve Bank of Kansas City | Photo courtesy of the Federal Reserve Bank of Kansas City
The Federal Reserve Bank of Kansas City recorded a dip in regional manufacturing activity in December. | Photo courtesy of the Federal Reserve Bank of Kansas City

Bad weather played a part in decreased manufacturing activity during December in a seven-state region that includes western Missouri, according to the Federal Reserve Bank of Kansas City.

The Fed’s monthly manufacturing index posted a reading of minus-3 for December. That’s down from 7 in November and 6 in October. The index tracks production, new orders, employment, supplier delivery time and raw-materials inventories.

The decline is expected to be temporary, according to a Kansas City Fed economist, and firms have an optimistic outlook for the first half of 2014.

Read more from the Kansas City Star


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