Economic Collapse

[basserdan]

10:30a EIA Natural Gas Inventory
Week over Week -36bcf actual vs -11bcf prior
Definition
The Energy Information Administration (EIA) provides weekly information on natural gas stocks in underground storage for the U.S. and five regions of the country. The level of inventories helps determine prices for natural gas products.


11:00a Kansas City Fed Mfg Survey
Level 26 actual vs 24 prior
Consensus Outlook
The Kansas City Fed's manufacturing sample reported strong and accelerating growth at 24 in February with 26 the expectation for March.
Definition
The Kansas City Fed index offers a monthly assessment of change in the region's manufacturing sector. Positive readings indicate monthly growth and negative readings monthly contraction. Readings at zero indicate no change. The headline number is the composite index, an average of the production, new orders, employment, delivery time, and raw materials inventory indexes.