The Kansas City Fed's Manufacturing Production Index rose to +7 in July 2020 from +2 in the previous month, as factory activity continued to recover from April's record slump. Non-durable goods plants drove growth, and activity in most durable goods factories also improved despite output decreases in fabricated metals and computer and electronics plants. The indexes for shipments, new orders, and supplier delivery time remained in positive territory and those for order backlog and employment rebounded from contraction. Only export new orders and inventories indexes remained negative.
Kansas Fed Manufacturing Index in the United States averaged 7.34 points from 2001 until 2020, reaching an all time high of 35 points in March of 2005 and a record low of -62 points in April of 2020. This page provides - United States Kansas Fed Manufacturing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Kansas Fed Manufacturing Index - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Kansas Fed Manufacturing Index in the United States is expected to be 7.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Kansas Fed Manufacturing Index in the United States to stand at 12.00 in 12 months time. In the long-term, the United States Kansas Fed Manufacturing Index is projected to trend around 4.00 points in 2021 and 5.00 points in 2022, according to our econometric models.