The latest reading from the Kansas City Fed manufacturing survey is out.
The index plunged to -4 from 2 last month, missing expectations of a rise to 5.
That's the lowest reading in over three years, according to the report.
Here is the full release:
Tenth District manufacturing activity declined slightly in October, and producers' expectations for future activity fell considerably but remained slightly positive. Several producers commented on growing uncertainty related to the upcoming election and fiscal situation, which has put a hold on many customers' orders and spending. Price indexes were mixed, with minimal changes
overall.
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