Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City and head of the Oklahoma City branch, said a slowdown in the energy industry was a significant factor.
“Factories in our region saw an even sharper decline in May than in March or April,Limited Tramon Williams Youth Jersey - Green Bay Packers 38 Home Green Nike NFL, as exports fell further and energy-related producers saw another drop in orders,” Wilkerson said. “However,bayern munich black jersey 2014, firms overall still plan a modest increase in employment over the next six to twelve months.”
The month-over-month composite index was minus 13 in May,barcelona third kit 2014 long sleeve, down from minus 7 in April and minus 4 in March. The last time the composite index was lower was in April 2009. The composite index is an average of the production,manchester united training kit price, new orders,juventus pink jersey 2011, employment, supplier delivery time and raw materials inventory indexes.
Production fell most sharply in energy-producing states like Oklahoma and New Mexico. But the survey found production declines in other states in the Fed’s 10th District, which also includes Missouri,real madrid shirt sales, Kansas,england rugby shirt red, Colorado, Nebraska and Wyoming.
Most price indexes increased slightly,barcelona jersey for kids, reversing a recent trend of decline. In a special question about hiring plans,cheapest man united new kit, the majority of firms indicated they were planning to either leave employment levels unchanged or increase them slightly over the next twelve months.
One survey respondent said the near 50 percent fall of oil prices was hurting business. The Fed includes notable comments from respondents in its report on the survey,tom brady jersey autographed, but does not identify the individuals who made the comments.
“We laid off 8 percent of the workforce over the last two months,arsenal new shirt sponsor adidas,” the producer said. “The low price of oil combined with dropping steel prices has caused adverse volatility in new orders and margins.”
Another manufacturer was more blunt,when is the new chelsea shirt out.
“The drop in oil prices has impacted our business severely for the worse,” the respondent said.相关的主题文章：


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