The Kansas City Fed's Manufacturing Production Index jumped 17 points from the previous month to 40 in April 2021, suggesting Tenth District manufacturing output expanded at a record pace, driven by higher activity levels at durable goods plants, especially for primary and fabricated metals, and transportation equipment manufacturing. Also, employment growth hit an all-time high, while shipments, employee workweek, order backlog, and new orders for exports expanded at a faster pace. New orders and supplier delivery time indexes remained very positive. Materials inventories rose significantly and finished goods inventories jumped back into positive territory for the first time since February 2020. source: Federal Reserve Bank of Kansas City
Kansas Fed Manufacturing Index in the United States averaged 7.93 points from 2001 until 2021, reaching an all time high of 40 points in April 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 May of 2021.
Kansas Fed Manufacturing Index in the United States is expected to be 12.00 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 4.00 in 12 months time. 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.