The Kansas City Fed's Manufacturing Production Index fell by three points to +20 in November 2020, from October's joint two-year high of +23, suggesting that Tenth District manufacturing activity continued to grow modestly supported by output at non-durable and durable goods factories. Still, activity remained below pre-pandemic levels, with a sizable share of firms saying that they could not find skilled workers and that low sales growth and COVID-related uncertainty also restrained their hiring plans. In addition, shipments, new orders, and employment rose at a slower pace. source: Federal Reserve Bank of Kansas City
Kansas Fed Manufacturing Index in the United States averaged 7.58 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 December of 2020.
Kansas Fed Manufacturing Index in the United States is expected to be 9.00 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 8.00 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.