Manufacturing is a major force in the Tenth District economy, accounting for the largest share of output in the region and one of the largest shares of employment. Moreover, many manufacturing jobs are among the highest paying jobs in the district. Yet little information is available to track the performance of this major sector. Monthly employment data provide the most current information, but these data are only available with a considerable lag.> To provide up-to-date information about manufacturing conditions in the Tenth District, the Federal Reserve Bank of Kansas City has developed a quarterly survey of manufacturing plants. Smith provides background information for users of the manufacturing survey. Beginning in the fourth quarter of 1995, the survey results will be published in each issue of the bank's Regional Economic Digest.
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Article provided by Federal Reserve Bank of Kansas City in its journal Economic Review.