2012 Economic Calendar
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Kansas City Fed Manufacturing Index  
Released On 11/29/2012 11:00:00 AM For Nov, 2012
PriorConsensusConsensus RangeActual
Level-4 -1 -6  to 1 -6 

Manufacturing activity in the Kansas City Fed District again slipped as the composite index declined to minus 6 in November from minus 4 in October. This marked the first time the composite index has been negative for two straight months since mid-2009. The consensus called for mild improvement in the manufacturing index in November to minus 1 from minus 4 the prior month.

Manufacturing slowed at durable goods-producing plants, while nondurable factories reported a slight uptick in activity, particularly for food and plastics products. Other month-over-month indexes were mixed in November. The production index was unchanged at minus 6, while the new orders and order backlog indexes declined for the third straight month to their lowest levels in three years. In contrast, the employment index increased from minus 6 to 0, and the shipments and new orders for exports indexes were less negative. The raw materials inventory index decreased further from 2 to minus 7, while the finished goods inventory index rose from 3 to 9.

Consensus Outlook
The Kansas City Fed manufacturing index declined slightly in the Kansas City Fed District as the composite index declined to minus 4 in October from plus 2 in September. The production index eased further from minus 4 to minus 6, and the new orders and order backlog indexes also declined. The employment index moved into negative territory for the first time this year, while the shipments index inched higher but still remained negative.

The Kansas City Fed index offers a monthly assessment of change in the region's manufacturing sector. Positive readings indicate monthly growth and negative readings monthly contraction. Readings at zero indicate no change. The headline number is the composite index, an average of the production, new orders, employment, delivery time, and raw materials inventory indexes.  Why Investors Care

2012 Release Schedule
Released On: 1/262/233/294/265/246/287/268/309/2710/2511/2912/21
Release For: JanFebMarAprMayJunJulAugSepOctNovDec

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