2018 Economic Calendar
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Kansas City Fed Manufacturing Index  
Released On 6/28/2018 11:00:00 AM For Jun, 2018
PriorActual
Level29 28 

Highlights
Great strength at a steady rate is the signal from Kansas City's manufacturing index which held nearly unchanged in June at 28. Readings are elevated but, unlike many other manufacturing reports, there are no indications of increasing capacity stress.

Shipments are very strong at 39 but are down 3 points in the month while the workweek inched only 1 point higher to 25 and employment held unchanged at 24. Supplier delivery times are extended but at 22 are down 1 point. Prices readings are not moving higher with inputs down 6 points to what is still a very hot 47 while selling prices are unchanged at 22.

Helping to limit immediate pressure on capacity is sharp slowing in backlog orders, at 10 vs 27 in May. New orders also slowed, to 27 for an 11 point decline, while export orders, likely not getting a boost from tariff actions, slipped 3 points but are still positive at 6. Strength without increasing stress is the welcome indication from today's 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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