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.

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 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.