Kansas City Fed Manufacturing Survey: Production: 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 production was 10.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in February 2026, compared to -2.0 in the previous month.
Sample. In the monthly series shown in the figure, there are 296 observations in total. The series covers the time period stretching from July 2001 to February 2026.
History. Here’s a quick look at a few summary statistics we calculated on the whole sample: the diffusion index had an average value of 6.9; it hit a minimum of -65.0 in April 2020; it achieved a maximum of 37.0 in May 2018.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-31 | -3.0 |
| 2026-01-31 | -2.0 |
| 2026-02-28 | 10.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did production 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: Production |
| FSR temporal aggregation code | LM01 |
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