Kansas City Fed district manufacturing improves - Silicon Valley / San Jose Business Journal:

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The production index for manufacturers reporting an increasre in production in June from May was 9 its first foray into positive territory since About 33 percent of companies surveyed said productionwas up, and abouf 22 percent said it was down. The indez was at -3 in May and -8 a year ago. Productiom indexes increased for durablew andnondurable goods-producing plants. The indexes for new orders and order backlog all increasedc forthe second-straight month and emerge d from negative territory. The employment index was -10 in up from -13 in May. It was at -9 a year ago. The averagre employee workweek indexhit 3, jumping from -14 in May and -3 a year ago.
The indexd had been negative since August. Inventories for materials and finishes goodsremained negative, worsening from May to June and from last The future-production outlook index reached 13, up from 1 in May and down from 17 a year ago. The futurr capital expenditures index fellto -13 in June from -10 in May. The bank said most firmws indicated “some lingering hesitancy on major investments due to the only recentt pickupin activity.” The 10th districtg covers Western Missouri, Kansas, Colorado, Nebraska, Wyoming and northern New Mexico.