For the month of September, the @KansasCityFed Manufacturing Index reached a level of 14. This result comfortably exceeded the estimated projection of 9 and showed positive movement from the previous reading of 10. Taking a closer look at the specific components of the report, the metric for new orders climbed to 24, moving up from the prior figure of 16. Shipments also experienced an increase, landing at 21 compared to the earlier 17. Additionally, the prices paid measurement jumped to 68 from the preceding 55. Meanwhile, the employment indicator held completely steady, recording a 0 to precisely match the prior result of 0.
