The Kansas City Fed's Manufacturing Production Index fell by 3 points from the previous month to 23 in March 2021 and slightly below market expectations of 24, but still pointed that Tenth District manufacturing activity grew solidly compared to a month ago and a year ago with positive expectations for future activity. Among industries, the factory activity expansion was driven by durable goods plants for primary metals, machinery, transportation equipment, furniture, and miscellaneous manufacturing. The indexes for shipments, new orders, and order backlog expanded at a faster pace in March and supplier delivery time was very high as well. Meanwhile, the pace of job creation remained positive but slightly slower than in recent months. source: Federal Reserve Bank of Kansas City
Kansas Fed Manufacturing Index in the United States averaged 7.80 points from 2001 until 2021, 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 April of 2021.
Kansas Fed Manufacturing Index in the United States is expected to be 26.00 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.