USA: Kansas Fed Manufacturing Index Hits Over 4-Year High.

The Kansas City Fed’s Manufacturing Production Index climbed to 19 in June 2026 from 9 in the prior month, marking the highest reading since April 2022. Growth was observed in the durable manufacturing sector, led by transportation equipment, while the nondurable sector was driven by food manufacturing. Month-over-month readings were largely positive, aside from inventories. The new orders index remained in positive territory (13 vs 13), while shipments picked up to 20 from 7 and employment rebounded to 10 from -4. Also, new export orders moved to zero from -3, while supplier delivery times shortened to 16 from 24. Meanwhile, price pressures intensified, with prices paid for raw materials rising to 68 from 63 and prices received for finished products increasing to 33 from 29. Year-on-year, most indicators remained positive. Expectations for future activity remained expansionary with the composite index staying at 19.