2018 Economic Calendar
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Kansas City Fed Manufacturing Index  
Released On 5/24/2018 11:00:00 AM For May, 2018
PriorConsensusConsensus RangeActual
Level26 22 20  to 25 29 

Highlights
Like other regional surveys, the Kansas City manufacturing index is very strong, up 3 points to 29 to easily beat Econoday's consensus for 22. Growth in both orders and backlog orders remains substantial as does growth in employment and production with stress appearing in the workweek which rose 14 points to 24. And a hint of tariff-related pressure comes from raw material inventories which rose 2 points to 19. Prices are elevated though selling prices did ease slightly. Indications are increasingly pointing to a possible breakout for the factory sector which looks to be one of 2018's central strengths.

Consensus Outlook
A modest fall back to 22 is the May consensus for the Kansas City manufacturing index which jumped 9 points in April to 26. Both new orders and backlog orders were unusually strong in April which points to gains for production and employment in the May report.

Definition
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
 
 

2018 Release Schedule
Released On: 1/252/223/224/265/246/287/268/239/2710/2511/1612/21
Release For: JanFebMarAprMayJunJulAugSepOctNovDec
 


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