2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Kansas City Fed Manufacturing Index  
Released On 6/22/2017 11:00:00 AM For Jun, 2017
PriorActual
Level11 

Highlights
Kansas City's manufacturing composite index, at a very solid 11 in June, masks however trouble for orders. New orders slowed 5 points in the month to 4 which is the lowest reading since August last year. And backlog orders fell into contraction, to minus 6 from May's plus 12 for the lowest reading since November last year.

Current production, however, is very strong, at 23 this month which is also the rate for shipments. Employment, at 15, is another strength. Other indications are flat including inventories and selling prices.

June's orders are a concern and will pull down production and perhaps employment in the coming months. If orders don't snap back in July, the outlook for the Kansas City manufacturing sector could turn lower.

Definition
The Kansas City Fed index offers a monthly assessment of change in the region's manufacturing sector. Positive readings indicate monthly growth and negative readings monthly contraction. Readings at zero indicate no change. The headline number is the composite index, an average of the production, new orders, employment, delivery time, and raw materials inventory indexes.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/262/233/234/275/256/227/278/249/2810/2611/1712/22
Release For: JanFebMarAprMayJunJulAugSepOctNovDec
 


powered by  [Econoday]