Kansas City Fed Manufacturing Survey: Number of employees: 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 number of employees was -4.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in December 2025, compared to 11.0 in November 2025.
Sample. This monthly time series has 294 records overall. The period covered by the series extends from July 2001 to December 2025.
History. Here's a glimpse of a few summary statistics we computed on the entire sample: the diffusion index had a mean of 3.1; it reached a trough of -38.0 in March 2009; it hit a peak of 35.0 in October 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-10-31 | 1.0 |
| 2025-11-30 | 11.0 |
| 2025-12-31 | -4.0 |
Hint. An advantage of using FetchSeries is that we provide well-crafted metadata. Find it below to better understand the characteristics of the series that you analyze.
Not for investment purposes. Data provided on this web site are not suitable for investment purposes or as a basis for financial-decision making. Users should ask for expert advice and perform their own independent due diligence before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the number of employees 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: Number of employees |
| FSR temporal aggregation code | LM01 |
Series in the same data set
Discover the other time series included in this data set.