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Friday, October 29, 2021

Kansas City Fed composite index +31 in October

  • October Kansas City Fed Composite Index+31 vs. prior +22 in September.
  • Manufacturing Index +25 vs. +10 prior.
  • “Regional factory activity rose further,” said Wilkerson. “Production and employment have continued to increase. However, more firms reported additional price increases and delivery time delays. Most contacts expected supply chain issues to be resolved within the next 6 to 12 months, but 36% of firms expected these issues to persist for more than 12 months.”

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