2017 Economic Calendar
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Kansas City Fed Manufacturing Index  
Released On 5/25/2017 11:00:00 AM For May, 2017
PriorConsensusConsensus RangeActual
Level4  to 10 

Growth remains solid this month in the Kansas City manufacturing region, at a May composite score of 8 with steady strength across most components including new orders. Backlog orders, at 12, are a special positive and point to the need for hiring which, at 11, is already very strong. Delivery times are slowing sharply which points to congestion in the supply chain in another indication of general strength. Inventories are steady as are price indications that include improving traction for selling prices. Regional factory reports have been positive all year with government data lagging somewhat but also positive. Watch tomorrow for the April durable goods report.

Consensus Outlook
The Kansas City's manufacturing index slowed to 7 in April, still solid but down from prior readings especially an unusually strong March score of 20. Yet both new orders and backlogs orders have both been showing significant strength that points to solid activity. The Econoday consensus for May is for a second straight 7.

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

2017 Release Schedule
Released On: 1/262/233/234/275/256/227/278/249/2810/2611/1712/22
Release For: JanFebMarAprMayJunJulAugSepOctNovDec

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