Kansas City Fed Manufacturing Survey: New orders for exports: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - 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 unadjusted diffusion index for new orders for exports was -3.0 (share of CEOs seeing a future increase minus share forecasting a decrease) in December 2025, compared to -6.0 in the previous month.
Sample. There are 294 records overall in the monthly series displayed in the plot above. The series covers the span of time extending from July 2001 to December 2025.
History. Have a look at some summary statistics we calculated on the full sample: the diffusion index averaged 6.6; it attained a maximum of 26.0 in May 2008; it hit a trough of -17.0 in March 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-10-31 | -9.0 |
| 2025-11-30 | -6.0 |
| 2025-12-31 | -3.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will new orders for export increase or decrease over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading indicator of the business cycle |
| Seasonally adjusted | No |
| 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 for exports |
| FSR temporal aggregation code | LM01 |
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