The Kansas City Fed’s Manufacturing Production Index fell by one point from the previous month to -5 in December of 2024, its second consecutive negative print, and consistent with other surveys flagging contractionary trends in the US manufacturing sector. The drop took place amid a fresh decline in new orders (-17 vs -9 in November), the lowest since July, driving shipments to renew their contractionary momentum (-13 vs 0) despite the faster depletion in order backlogs (-22 vs -14). The lower demand for capacity drove firms to trim the average employee workweek further (-10 vs -9). In turn, inflationary pressures picked up amid higher prices paid for raw materials (16 vs 5), driving manufacturers to raise their charges (10 vs 6). source: Federal Reserve Bank of Kansas City
Kansas Fed Manufacturing Index in the United States decreased to -5 points in December from -4 points in November of 2024. Kansas Fed Manufacturing Index in the United States averaged 7.16 points from 2001 until 2024, reaching an all time high of 42.00 points in March of 2022 and a record low of -66.00 points in April of 2020. This page provides - United States Kansas Fed Manufacturing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Kansas Fed Manufacturing Index - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
Kansas Fed Manufacturing Index in the United States decreased to -5 points in December from -4 points in November of 2024. Kansas Fed Manufacturing Index in the United States is expected to be 4.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.