The Kansas City Fed's Manufacturing Production Index fell to 17 in November of 2021 from 25 in the previous month. Factory growth was driven by increased activity at durable goods plants, particularly machinery manufacturing, electrical equipment, transportation equipment, and furniture production. “Regional factory activity continued to grow but at a slower pace than in recent months”, said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City. “Many firms reported additional materials cost increases, and more contacts reported delivery time delays compared to a month ago and a year ago. Labor shortages remain a key inhibitor in meeting higher demand for goods.” source: Federal Reserve Bank of Kansas City
Kansas Fed Manufacturing Index in the United States averaged 8.43 points from 2001 until 2021, reaching an all time high of 41 points in July of 2021 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 November of 2021.
Kansas Fed Manufacturing Index in the United States is expected to be 10.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Kansas Fed Manufacturing Index is projected to trend around 5.00 points in 2022, according to our econometric models.