Kansas City Fed Manufacturing Survey: New orders: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Kansas City Fed - Monthly
This series is part of the dataset: Kansas City Fed Manufacturing Survey
Download Full Dataset (.xlsx)Latest updates. According to recent survey data about manufacturing firms in the Tenth Federal Reserve District, the seasonally adjusted diffusion index for new orders was 24.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in September 2026, versus 16.0 in the previous month.
Sample. This monthly series has 303 observations. The period covered by the series is from July 2001 to September 2026.
History. Here's a glimpse of a few descriptive statistics we calculated on the whole sample: the diffusion index reached a trough of -60.0 in April 2020; it hit a maximum of 40.0 in December 2003; it had an average value of 5.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 10.0000 |
| 2026-08-31 | 16.0000 |
| 2026-09-30 | 24.0000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did new orders increase or decrease in the past month? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Coincident indicator of the business cycle |
| Seasonally adjusted | Yes |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Diffusion index (share of respondents reporting an increase minus share reporting a decrease) |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | Federal Reserve Bank of Kansas City |
| Source type | Central bank |
| Data licence | Reproduction allowed subject to conditions |
| Other information | FS correspondence: New orders |
| FSR temporal aggregation code | LM01 |
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