Kansas City Fed Manufacturing Survey: Shipments: 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 shipments was 11.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in February 2026, versus -2.0 in January 2026.
Sample. There are 296 records in the monthly series shown in the graph above. The time range covered by the series is from July 2001 to February 2026.
History. Here are some simple statistics we calculated on the full sample: the diffusion index had a mean value of 6.4; it hit a maximum of 40.0 in May 2018; it reached its minimum of -62.0 in April 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-31 | 0.0 |
| 2026-01-31 | -2.0 |
| 2026-02-28 | 11.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did shipments 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: Shipments |
| FSR temporal aggregation code | LM01 |
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