The Kansas City Fed’s Manufacturing Production Index eased to 16 in October 2026 from 20 in September, which was the highest reading since April 2022. Growth in both durable and nondurable manufacturing activity slowed slightly, but there was strong growth in printing activities. All month-over-month indexes remained positive except for the backlog of orders and the new orders for export indexes. Most indexes saw lower readings from last month, but the employment, supplier delivery time, and material inventory indexes increased. Price growth for raw materials continued to accelerate, while price growth for finished goods eased. Lastly, xxpectations for future activity edged up from the previous month, reaching their highest levels since July 2022.