2017 Economic Calendar
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Kansas City Fed Manufacturing Index  
Released On 11/17/2017 11:00:00 AM For Nov, 2017
PriorConsensusConsensus RangeActual
Level23 23 20  to 24 16 

Regional report after regional report say the same thing: manufacturing is growing solidly. Kansas City's composite index for November did ease by 7 points to 16 but the slowing is welcome news given the risk that rates of growth were becoming unsustainably hot. New orders are down 5 points but are still very strong at 22 as are backlogs at 12. Employment is at 16 and production at 15, again both strong. Price data continue to show elevated costs for inputs and emerging traction for selling prices. Inventories are building but at a slowing rate this month and delivery times are stabilizing, both indications of easing strains on the supply chain. This week's factory news was highlighted by Thursday's major gain for the manufacturing component of the industrial production report, results like this report which point to a strong and increasing contribution from manufacturing.

Consensus Outlook
New orders have been leading Kansas City's manufacturing index which in October jumped to 23 and a new expansion high. The Econoday consensus for November is 23.

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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