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United States Kansas Fed New Orders Index

This is a syndicated repost published with the permission of Trading Economics. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Kansas Fed New Orders Index in the United States decreased to -4 points in November from 27 points in October of 2021. Kansas Fed New Orders Index in the United States averaged 7.28 points from 2001 until 2021, reaching an all time high of 40 points in December of 2003 and a record low of -64 points in April of 2020. The Federal Reserve Bank of Kansas City Survey of Manufacturers provides information on current manufacturing activity in the Tenth District (Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico, and western Missouri). The monthly survey consists of approximately 150 manufacturing plants across the district of which about 110 respond. Survey results reveal changes in several indicators of manufacturing activity including production, shipments, new orders, and employment along with changes in prices of raw materials and finished products. The diffusion index is calculated as the difference between the percentage of total reporting increases and the percentage reporting decreases.

source: tradingeconomics.com

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