Tenth District Manufacturing Activity Declined at a Slightly Faster Pace
By Chad Wilkerson
December 22
Regional factory activity declined at a slightly faster pace in December than the previous month. The index for raw materials prices also fell to its lowest level since July 2020.
Tenth District Manufacturing Activity Declined at a Steady Pace
By Chad Wilkerson
November 17
Regional factory activity continued to decline at a steady rate in November. However, the pace of decline for production, shipments, and new orders slowed slightly, and approximately 91% of firms reported plans to increase or maintain current employment levels.
Tenth District Manufacturing Activity Continued to Decelerate
By Chad Wilkerson
October 27
Regional factory activity declined slightly in October. Indexes fell considerably for production, shipments, and new orders; however, firms still reported slight gains in employment.
Tenth District Manufacturing Activity Continued to Decelerate
By Chad Wilkerson
September 22
Regional factory activity was sluggish overall in September. However, firms continued to add workers and were moderately optimistic about growth in future months.
Growth in Tenth District Manufacturing Activity Slowed Considerably
By Chad Wilkerson
August 25
Overall, activity slowed considerably from the past few months. However, expectations are still positive and price indexes reached their lowest level in over a year.
Tenth District Manufacturing Activity Grew Moderately
By Chad Wilkerson
July 28
The pace of regional factory growth remained more moderate than earlier in the year. Meanwhile, survey price indexes were the lowest in over a year.
Growth in Tenth District Manufacturing Activity Slowed Further
By Chad Wilkerson
June 23
The pace of regional factory growth slowed further but was still expansionary. Over 85 percent of firms reported delays in shipping and product availability as continued negative impacts on their business activity, with around half of firms not expecting any improvements in the next six months.
Growth in Tenth District Manufacturing Activity Slowed Slightly
By Chad Wilkerson
May 26
The pace of regional factory growth slowed slightly but remained strong. Firms continued to report negative impacts from higher inflation and supply shortages. Nearly 70% of all firms reported worse supply disruptions and shortages compared with 2021, with most expecting conditions to last another six months or longer.
Growth in Tenth District Manufacturing Activity Eased Slightly
By Chad Wilkerson
April 28
The pace of regional factory growth eased somewhat but remained strong. Firms continued to report issues with higher input prices, increased supply chain disruptions, and labor shortages. However, firms were optimistic about future activity and reported little impact from higher interest rates.
External LinkTenth District Manufacturing Activity Grew at a Record Pace in March
By Chad Wilkerson
March 24
Regional factory activity increased at a record pace in March. However, due to increasing input costs and supply chain disruptions, nearly a quarter of firms noted a significant decrease in profit margins since the beginning of the year, and another 44% reported a slight decrease in profit margins.
Tenth District Manufacturing Activity Grew at a Strong Pace in February
By Chad Wilkerson
February 24
Regional factory activity continued to increase in February. Firms noted that supply chain and shipping delays continue to cause issues. Most manufacturers reported higher business costs compared to a year ago and have passed through some of these costs to customers resulting in higher prices.
Tenth District Manufacturing Activity Continued to Grow Strongly in January
By Chad Wilkerson
January 27
Regional factory activity expanded at a faster pace in January. However, over half of firms indicated that 10% or more of their workers were out at some point in January due to COVID. Expectations for future activity remained strong, despite firms reporting difficulties from COVID, labor shortages, and continued supply chain issues.