The latest index came in at 29, up from 24 last month, indicating steady continued expansion in February. The future outlook rose to 38. All figures are seasonally adjusted. Here is a snapshot of the complete Kansas City Fed Manufacturing Survey.
Quarterly data for this indicator dates back to 1995, but monthly data is only available from 2001.
Here is an excerpt from the latest report:
KANSAS CITY, Mo. – The Federal Reserve Bank of Kansas City released the February Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity grew at a strong pace, and expectations for future activity increased. “Regional factory activity continued to increase in February,” said Wilkerson. “Firms noted that supply chain and shipping delays continue to cause issues. Most manufacturers reported higher business costs compared to a year ago and have passed through some of these costs to customers resulting in higher prices.” [Full report here]
Here is a snapshot of the complete Kansas City Fed Manufacturing Survey.
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The next chart is an overlay of the general and future outlook indexes — the outlook six months ahead. Future factory indexes rose to 38.
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For comparison, here is the latest ISM Manufacturing survey.
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Let's compare all five Regional Manufacturing indicators. Here is a three-month moving average overlay of each since 2001 (for those with data).
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Here is the same chart including the average of the five.
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