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Kansas Fed Mfg Activity Resists The Slide Seen Elsewhere

US DATA
  • The Kansas Fed mfg activity index faired better than expected in May, only falling 2pts to 23 (cons 18).
  • It continues to diverge from the Empire, Philly & Richmond surveys, resisting the slump seen in those three for May.
  • It covers the Tenth Federal Reserve District, encompassing the western third of Missouri; all of Kansas, Colorado, Nebraska, Oklahoma and Wyoming; and the northern half of New Mexico.

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