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KC Fed manufacturing index -8 vs -2 prior
Prior was -2Production -13New orders -14Prices paid +2Selected comments:“Inflation (cost of inputs - mostly material costs) is still a significant concern. If energy costs continue to climb it will become more of a challenge. Access to labor is better across all shifts, but quality of applicant is still low. Concerned about macro-level economic conditions; consumer appears to be tapped out. “Maintenance remains strong. Discretionary spending has been reduced, which could be caused by the need to...
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Posted: Sep 28 2023, 14:59
Author Name: forexlive
Views: 112253