Kansas City Fed Manufacturing Survey: New orders: 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 was 29.0 (share of CEOs seeing a future increase minus share forecasting a decrease) in September 2026, compared to 32.0 in August.
Sample. In this monthly series, there are 303 data points overall. The period covered by the series extends from July 2001 to September 2026.
History. Check out some simple statistics computed on the whole sample: the diffusion index was equal on average to 22.8; it recorded a maximum of 51.0 in October 2003; it recorded a minimum of -32.0 in March 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 25.0000 |
| 2026-08-31 | 32.0000 |
| 2026-09-30 | 29.0000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will new orders 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 |
| FSR temporal aggregation code | LM01 |
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