Home / Market Update / Kansas Manufacturing Activity Index Slows in November

Kansas Manufacturing Activity Index Slows in November

Manufacturing activity in the United States slowed during the month of November compared to its expansion pace in October, according to data by the Federal Reserve Bank of Kansas City.

The Bank’s monthly report showed that its Manufacturing Survey’s composite index registered 11 in November, down from a reading of 13 in October.

This comes against market expectations of an increase to 14.5.

Check Also

Silver Regains Shine After Sharp Drop

After weeks of volatility and a steep 16% decline from record highs, silver is once …