Kansas City Fed: "Tenth District Manufacturing Activity Continued to Decline" in May

From the Kansas City Fed: Tenth District Manufacturing Activity Continued to Decline Tenth District manufacturing activity continued to decline, but not as sharply compared to last month's record low. Expectations for future activity rose, but remained slightly negative. Month-over-month price indexes remained negative again in May. Moving forward, District firms expected prices for finished goods to decline and prices for raw materials to increase in the next six months. The month-over-month composite index was -19 in May, up somewhat from the record low of -30 in April , and similar to -17......(read more)

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