Kansas City Fed Services Index Rises in May, Indicates Faster Expansion-June 2024-www.financetom.com

Kansas City Fed Services Index Rises in May, Indicates Faster Expansion

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Kansas City Fed Services Index Rises in May, Indicates Faster Expansion

May 22, 2026 8:39 AM

11:16 AM EDT, 05/22/2026 (MT Newswires) -- The Kansas City Federal Reserve's monthly composite services index rose to a reading of 10 in May after falling to 3 in April, suggesting faster expansion.

The other regional services measures already released have been mixed.

There was an increase in the Kansas City revenue/sales reading to 12 from 6, while the employment reading rose to 5 from minus 5.

The reading of selling prices decreased to 20 from 22, while the input price index rose to 54 from 48. A reading above zero indicates growth.

Previous page： Republican congressman Green to resign after tax bill vote Next page： Inflation Expectations Ease, New York Fed Survey Shows Ahead of CPI Data

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.

Show More Comments

Related Articles >

Republican congressman Green to resign after tax bill vote

Jun 9, 2025

WASHINGTON (Reuters) -Republican U.S. House Representative Mark Green said on Monday that he will resign from Congress after the House votes again on President Donald Trump's sweeping tax and spending bill. Recently, I was offered an opportunity in the private sector that was too exciting to pass up. As a result, today I notified the Speaker and the House of...

Inflation Expectations Ease, New York Fed Survey Shows Ahead of CPI Data

Jun 9, 2025

02:16 PM EDT, 06/09/2025 (MT Newswires) -- Inflation expectations eased in May, a survey by the Federal Reserve Bank of New York showed Monday, ahead of consumer price index data due later this week. Median year-ahead inflation was seen at 3.2% last month, down by 0.4 percentage point from April's outlook, according to the survey. Three years out, the expected...

Daily Roundup of Key US Economic Data for June 9

Jun 9, 2025

02:31 PM EDT, 06/09/2025 (MT Newswires) -- April wholesale inventories were revised up to a 0.2% increase from a flat reading in the advance report. At the same time, wholesale sales increased by 0.1%, less than expected, with auto sales down 0.9%. Combined with already released data for the retail and factory levels of distribution, business inventories are on track...

Looming US Treasury debt auctions an important sentiment test

Jun 9, 2025

NEW YORK (Reuters) -U.S. Treasury auctions of notes and bonds this week are even more in focus than usual as tests of market sentiment on U.S. assets, and while investors look like keen buyers of short and medium-term debt, appetite at the long end is more dicey. These once-routine auctions have become a focus for investors as a gauge of...