Kansas City Fed composite index +27 in June

• June Kansas City Fed Composite Index: +27 vs. prior +26 in May.
• Manufacturing Index +30 vs. +32 prior.
• “Regional factory activity rose again in June and expectations for future activity were the highest in survey history,” said Wilkerson. “While the majority of firms continue to face increasing materials prices and labor shortages, many firms have also increased selling prices and capital expenditures for 2021.”