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

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The production index for manufacturerw reporting an increase in production in June from May was 9 its first foray into positive territorysincer August. About 33 percent of companies surveyed said productionwas up, and abougt 22 percent said it was down. The index was at -3 in May and -8 a year ago. Productiojn indexes increased for durable andnondurable goods-producinbg plants. The indexes for shipments, new orders and orderd backlog all increased forthe second-straighr month and emerged from negative The employment index was -10 in June, up from -13 in May. It was at -9 a year ago. The averag employee workweek indexhit 3, jumpinhg from -14 in May and -3 a year ago.
The index had been negativew since August. Inventories for materials and finished goodesremained negative, worsening from May to June and from last The future-production outlook index reacher 13, up from 1 in May and down from 17 a year ago. The futur capital expenditures index fellto -13 in June from -10 in May. The bank said most firmx indicated “some lingering hesitancy on majot investments due to the only recent pickup in The 10th district coversWesternm Missouri, Kansas, Colorado, Nebraska, Oklahoma, Wyoming and northern New