Colo. manufacturing on the rebound

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Colorado’s manufacturing industry is on the rebound, according to the Federal Reserve Bank of Kansas City.

Colorado is part of a seven-state region that manufacturing activity increases during September, after heavy losses in August.

The index for production in the 10th Federal Reserve District hit 14, up from zero in August. The index ranges from 100 to minus-100. A positive result indicates growth.

The Fed compiled the numbers based on responses from 125 district manufacturers, then adjusted the results for seasonal variations. Thirty-six percent said they saw production increase; 20 percent said production fell. Other respondents said they saw no change.

The increase in production occurred among both plants producing durable and nondurable goods, except for machinery and equipment producers, which reported a slowdown.

The Fed’s 10th District includes Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as western Missouri and northern New Mexico.