KC Fed manufacturing index 26 in April
April 26 (Reuters) - Details of the Federal Reserve Bank of Kansas City's monthly manufacturing index, released on Thursday.
Following are details from the survey:
Expected MANUFACTURING SURVEY Apr Mar (Prev) 6 mos. Production 26 8 8 41 Shipments 25 0 0 42 New Orders 23 11 11 40 Backlog Orders 10 1 1 19 Number of employees 11 2 2 22 Average workweek 3 -6 -6 13 Finished product prices 6 3 3 33 Raw product prices 36 38 38 54 Capital expenditures N/A N/A N/A 22 Inventory-materials 3 9 9 -15 Inventory-finished goods -1 7 7 -5
N/A - not available
NOTES:
The survey included 100 responses from manufacturing plants in Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri.
The index is calculated by subtracting the percentage of total respondents reporting decreases from the percentage reporting increases. Index values greater than zero generally suggest expansion, while values less than zero indicate contraction, the Kansas City Fed said.
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