Kansas City Fed Manufacturing Survey: Shipments: 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 shipments stood at 30.0 (share of CEOs seeing a future increase minus share forecasting a decrease) in September 2026, versus 31.0 in August.
Sample. This monthly series has 303 data points in total. The series covers the period stretching from July 2001 to September 2026.
History. Here are a few statistics calculated on the whole sample: the diffusion index had a mean value of 25.4; it hit a trough of -34.0 in March 2020; it reached its highest level of 55.0 in May 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 29.0000 |
| 2026-08-31 | 31.0000 |
| 2026-09-30 | 30.0000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will shipments 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: Shipments |
| FSR temporal aggregation code | LM01 |
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