The Kansas City Fed Services Index climbed to +15 in March, comfortably beating the estimated forecast of +4 and showing strong growth from the previous reading of +6. A closer look at the specific subcomponents reveals that revenue, hours worked, and employment all saw positive increases. Alongside these gains, capex plans have also trended upward. However, it is important to point out that input prices surged during this time, reaching their highest peak since last August.