The Kansas City Fed's Manufacturing Production Index increased 37 points from the previous month to -25 in May of 2020, as activity continued to decline but not as sharply compared to last month’s record low. The decrease in district manufacturing activity was driven by further drops at durable goods factories, especially primary metals, fabricated metals, and transportation plants. On the other hand, activity at non-durable goods plants remained more solid. All month-over-month indexes remained negative in May. Meanwhile, the composite index, which is an average of production, new orders, employment, supplier delivery time, and raw materials inventory indexes, was up 11 points from a record low to -19 in May.
Kansas Fed Manufacturing Index in the United States averaged 7.37 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 June of 2020.
Kansas Fed Manufacturing Index in the United States is expected to be 2.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.