The latest index came in at 29, down 1 from last month's 30, indicating expansion in August. The future outlook increased to 36 this month from 33. 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:
Tenth District manufacturing activity continued at a strong pace, and expectations for future activity remained solid (Chart 1, Tables 1 & 2). The monthly index of prices paid for raw materials continued to increase for a majority of firms in August and the index of prices received for finished goods rose to a new survey high. Price indexes vs. a year ago expanded near record levels. Moving forward, district manufacturing firms expected materials prices and finished goods prices to continue to rise over the next six months. [Full report here]
Here is a snapshot of the complete Kansas City Fed Manufacturing Survey.
The next chart is an overlay of the general and future outlook indexes — the outlook six months ahead. Future factory indexes increased to 36.
For comparison, here is the latest ISM Manufacturing survey.
Let's compare all five Regional Manufacturing indicators. Here is a three-month moving average overlay of each since 2001 (for those with data).
Here is the same chart including the average of the five.
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