KC Fed manufacturing index out earlier than expected
- Prior -4
- New orders -12 vs -20 prior
- New export orders -12 vs -9 prior
- Employment -18 vs -2 prior
- Prices paid -7 vs -12 prior
- Prices rec'd -10 vs -6 prior
I love this bit of the report;
Anyhooo, it's another story of dropping exports and oil and gas related goods producers had a hard time of it. A positive was taken from the lower supplier delivery times which had been hit by the West Coast port problems
Not a vintage year for the manufacturing in the region so far
