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Kansas City Fed Services Index Rebounds in February, Indicates a Return to Expansion
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Kansas City Fed Services Index Rebounds in February, Indicates a Return to Expansion
Feb 28, 2025 8:18 AM

11:09 AM EST, 02/28/2025 (MT Newswires) -- The Kansas City Federal Reserve's monthly composite services index rebounded to a reading of 2 in February after falling to minus 4 in January, suggesting a return to expansion.

A reading above zero indicates growth.

The index is in line with the Richmond Fed and Dallas Fed indexes but in contrast with the New York Fed, Philadelphia Fed and the S&P Global Flash indexes that signaled contraction.

There was an increase in the Kansas City revenue/sales reading to minus 1 from minus 8, while the employment reading rose to 3 from minus 1.

The reading of selling prices increased to 15 from 14, while the input price index rose to 40 from 34.

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