The Kansas City Fed's Manufacturing Production Index dropped to 32 in May 2021, from the previous month's all-time high of 40, suggesting Tenth District manufacturing activity continued to expand at a strong pace. Output growth was driven higher by increased activity at durable goods plants, especially for primary and fabricated metals, machinery, furniture, and transportation equipment manufacturing. Also, new orders rose at a faster pace and expectations for future activity remained solid. A majority of firms reported plans to increase wages in 2021, partially in response to difficulties attracting qualified job applicants. Meanwhile, supply chain delays and rising materials prices have negatively impacted over 84% of firms. source: Federal Reserve Bank of Kansas City
Kansas Fed Manufacturing Index in the United States averaged 8.03 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 June 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.