Posted April 1, 2011
KC Fed: manufacturing 'accelerates rapidly'
Growth in Tenth District manufacturing activity accelerated rapidly in March, posting a record high for the second straight month.
Expectations moderated slightly from last month, but still remained solid. Price indexes for raw materials reached historically high levels, and more firms indicated plans to pass cost increases on to customers.
The Tenth Federal Reserve District encompasses Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico, and western Missouri.
Click here to access the Industrial Supply magazine Resource Library on current Federal Reserve District Manufacturing Surveys.
