FOR IMMEDIATE RELEASE
Oct. 24, 2024
CONTACT: Sarah Dickson
KANSAS CITY, Mo. – The Federal Reserve Bank of Kansas City released the October Manufacturing Survey today. According to Megan Williams, survey manager, the survey revealed that Tenth District manufacturing activity declined modestly this month, while expectations for future activity stayed positive.
“Regional factory activity continued to edge down this month,” said Williams. “However, producers continue to be positive about the months ahead, as they are expecting increases in production, new orders, and employment.”
A summary of the survey is attached. Historical data, results from past surveys, and release dates for future surveys can be found at https://kansascityfed.org/surveys/manufacturing-survey/.
The Federal Reserve Bank of Kansas City serves the Tenth Federal Reserve District, encompassing the western third of Missouri; all of Kansas, Colorado, Nebraska, Oklahoma and Wyoming; and the northern half of New Mexico. As part of the nation’s central bank, the Bank participates in setting national monetary policy, supervising and regulating numerous commercial banks and bank holding companies, and providing financial services to depository institutions. More information is available online at www.kansascityfed.org.
###