financetom
Economy
financetom
/
Economy
/
Kansas City Fed Services Index Indicates Faster Expansion in May
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kansas City Fed Services Index Indicates Faster Expansion in May
May 26, 2025 1:27 PM

11:17 AM EDT, 05/23/2025 (MT Newswires) -- The Kansas City Federal Reserve's monthly composite services index rose to a reading of 11 in May after increasing to 3 in April, suggesting faster expansion.

A reading above zero indicates growth.

The index is in line with the S&P Global Flash index released on Thursday but in contrast with the other regional services measures already released that indicated contraction.

There was an increase in the Kansas City revenue/sales reading to 14 from 4, while the employment reading jumped to 10 from 2.

The reading of selling prices increased to 18 from 16, while the input price index fell to 43 from 49.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
July Home Prices Set 14th Straight Record High, Annual Growth Slows, S&P's Case-Shiller Data Show
July Home Prices Set 14th Straight Record High, Annual Growth Slows, S&P's Case-Shiller Data Show
Sep 29, 2024
01:01 PM EDT, 09/24/2024 (MT Newswires) -- US home prices increased in July to a 14th straight monthly record, though the pace of annual growth decelerated to the slowest level of 2024, S&P Global ( SPGI ) division S&P Dow Jones Indices said Tuesday. Nationally, the S&P CoreLogic Case-Shiller Index rose 0.2% month over month in July after a seasonal...
US Dollar Rises Early Friday Before PCE Prices, Advance Trade, Michigan Consumer Sentiment Data
US Dollar Rises Early Friday Before PCE Prices, Advance Trade, Michigan Consumer Sentiment Data
Sep 28, 2024
07:59 AM EDT, 09/27/2024 (MT Newswires) -- The US dollar rose against its major trading partners early Friday, except for a decline versus the yen, ahead of a busy day of data releases that begins with personal income, spending, prices and advance trade, all for August, at 8:30 am ET. The final University of Michigan consumer sentiment report for September...
US Fed Governor Bowman Says Inflation Still a Concern, Calls for 'Measured' Reduction of Policy Restriction
US Fed Governor Bowman Says Inflation Still a Concern, Calls for 'Measured' Reduction of Policy Restriction
Sep 29, 2024
09:41 AM EDT, 09/24/2024 (MT Newswires) -- US Federal Reserve Governor Michelle Bowman said Tuesday that policy restriction should be reduced gradually as inflation remains a concern despite recent progress and that the labor market may not be as weak as the data has suggested. Bowman was the only dissent to the Federal Open Market Committee's decision to lower the...
US monthly house prices edge up in July
US monthly house prices edge up in July
Sep 29, 2024
WASHINGTON (Reuters) - U.S. single-family home prices edged up in July, but the overall trend is slowing amid improving supply, which together with easing mortgage rates could make buying a house more affordable. House prices gained 0.1% on a month-on-month basis after being unchanged in June, the Federal Housing Finance Agency said on Tuesday. They increased 4.5% in the 12...
Copyright 2023-2026 - www.financetom.com All Rights Reserved