Industrial production increased 0.7% in January from the previous month, the Federal Reserve reported. The January figure was up 2.3% from a year prior. Manufacturing rose 0.6% in January, mining fell 0.2% and utility output increased 2.1%.
Small Business Bank in Kansas closed by regulators
Kansas regulators closed Small Business Bank in Lenexa, Kansas, and appointed the FDIC as receiver. The Farmers State Bank of Oakley, Kansas, agreed to assume substantially all deposits and purchase certain assets.









