Federal Reserve Bank of Kansas City (09/25/14)
The Federal Reserve Bank of Kansas City’s September Manufacturing Survey revealed that growth in 10th District manufacturing activity edged higher, and producers’ expectations for future activity maintained their recent solid levels. The month-to-month composite index rose from 3 in August to 6 in September. The employment index rose from negative 4 to 7. Several producers commented that they are having difficulty finding skilled workers or filling open jobs, resulting in some wage pressures.