Kansas City Fed Manufacturing Survey: Production: 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 production was 27.0 (share of CEOs seeing a future increase minus share forecasting a decrease) in February 2026, compared to 20.0 in January 2026.
Sample. In the monthly time series shown in the chart, there are 296 data points overall. The time range covered by the series is from July 2001 to February 2026.
History. Here’s a quick look at some descriptive statistics calculated on the full sample: the diffusion index reached a trough of -35.0 in March 2020; it reached its highest level of 56.0 in October 2003; it had a mean value of 25.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-31 | 22.0 |
| 2026-01-31 | 20.0 |
| 2026-02-28 | 27.0 |
Heads-up. A benefit of using FetchSeries is that we give you accurate metadata. Check it below to gain insights on the attributes of the indicators that you use in your work.
Not for investment purposes. Any financial data collected and published on FetchSeries are not suitable for investment purposes or as a basis for financial-decision making. Users should obtain professional advice and do independent analysis before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will production 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: Production |
| FSR temporal aggregation code | LM01 |
Series in the same data set
Discover the other time series included in this data set.