Of the three regional manufacturing surveys released for November, all were in expansion.

Analyst Opinion of Kansas City Fed Manufacturing

Kansas City Fed manufacturing has been one of the more stable districts and their index declined. Key internals were in expansion but likewise declined.

There market expectations from Bloomberg / Econoday were 20 to 24 (consensus 23. The reported value was 16. Any value below zero is contraction.

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– The Federal Reserve Bank of Kansas City released the November Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that growth in Tenth District manufacturing activity slowed slightly but remained solid, and optimism for future activity remained high. “Factories reported another good month in November. However, a number of firms noted increasing difficulty finding skilled labor,” said Wilkerson.