Kansas City Fed Manufacturing Survey: Unfilled orders: 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 unfilled orders was 2.0 (share of CEOs seeing a future increase minus share forecasting a decrease) in September 2026, versus 6.0 in August.
Sample. In this monthly series, there are 303 records in total. The time span covered by the series goes from July 2001 to September 2026.
History. Here's a snapshot of some descriptive statistics we calculated on the whole sample: the diffusion index hit a minimum of -35.0 in March 2020; it recorded its maximum of 33.0 in May 2002; it was equal on average to 8.1.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 3.00000 |
| 2026-08-31 | 6.00000 |
| 2026-09-30 | 2.00000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will unfilled orders 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: Unfilled orders |
| FSR temporal aggregation code | LM01 |
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