Open Demo Account
Home / Market Update / Kansas Manufacturing Activity Index Slows in November

Kansas Manufacturing Activity Index Slows in November

M. Ali 19 November, 2020 10:22 pm Market Update

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.

Tags

Check Also

Gold Retreats from Record Highs as Powell Signals No Rush for Rate Cuts

Gold prices pulled back from record highs in Asian trading on Wednesday, pressured by rising …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends