Manufacturing activity declines in Oklahoma, region, Federal Reserve says
The Federal Reserve Bank of Kansas City said manufacturing in the region that includes Oklahoma contracted in January, led by concerns over political stalemate in Washington.
The composite index for the manufacturing survey was down 2 points in January after being down 1 point in December and down 3 points in November, the bank said. The composite index is an average of the production, new orders, employment, supplier delivery time and raw materials inventory indexes.
The January manufacturing survey included 104 responses from plants in Oklahoma, Colorado, Kansas, Nebraska, Wyoming, northern New Mexico and western Missouri.
Business Photo Galleriesview all
- 21543Oklahoma tornadoes: The 'Big Dog,' the little boy and the hug that triumphs over tragedy
- 10852Oklahoma tornadoes: Woman meets the military officer who shared the clothes off his back
- 8707Oklahoma tornadoes: Thunder reverses the role, takes a turn at cheering on the community
- 8666Finding Addyson – One family's struggle in the Moore tornado
- 8648Hobby Lobby argues case before federal judges
- 7837Blake Shelton's "Healing the Heartland" televised tornado benefit set for Wednesday at Chesapeake Energy Arena
- 7718Story behind the photo: Family members describe desperate search for one another after EF5 twister