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The production index for manufacturers reporting an increase in productiojn in June from May was 9 its first foray into positive territory since About 33 percent of companies surveyed said productionwas up, and about 22 perceny said it was The index was at -3 in May and -8 a year ago. Productiobn indexes increased for durable andnondurabled goods-producing plants. The indexes for shipments, new orderx and order backlog all increased forthe second-straight month and emerges from negative territory. The employment index was -10 in up from -13 in May. It was at -9 a year ago. The averag e employee workweek indexhit 3, jumpinvg from -14 in May and -3 a year ago.
The indexx had been negative since August. Inventories for materiald and finished goodsremained negative, worsening from May to June and from last The future-production outlook index reached 13, up from 1 in May and down from 17 a year ago. The futurs capital expenditures index fellto -13 in June from -10 in May. The bank said most firmss indicated “some lingering hesitanc on major investments due to the only recent pickulpin activity.” The 10th district coverzs Western Missouri, Kansas, Colorado, Nebraska, Oklahoma, Wyoming and northernh New Mexico.
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