Kansas City Fed Services Survey: Credit conditions: Future (improvement vs worsening; diffusion index; percentage points; seasonally adjusted) - United States - Kansas City Fed - Monthly
This series is part of the dataset: Kansas City Fed Services Survey
Download Full Dataset (.xlsx)Latest updates. According to recent survey data about services firms in the Tenth Federal Reserve District, the seasonally adjusted diffusion index for credit conditions (share of CEOs seeing a future improvement minus share forecasting a worsening) was -7.0 in September 2026, versus 0.0 in August 2026.
Sample. There are 153 data points in the monthly time series displayed in the chart above. The series covers the time span stretching from January 2014 to September 2026.
History. Have a look at some statistics computed on the whole sample: the diffusion index had an average value of 0.4; it peaked at 12.0 in October 2014; it hit a minimum of -16.0 in October 2023.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | -2.00000 |
| 2026-08-31 | 0 |
| 2026-09-30 | -7.00000 |
Heads-up. One of the advantages of using our web site is that we provide rich metadata. Check them below to better understand the characteristics of the series that you are exploring.
Not for investment purposes. Information disseminated on this web site is not meant for investment purposes or any other financial decision. Users should obtain expert advice and perform independent analysis before pledging money to any investment.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will credit conditions or access to credit improve or worsen over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading 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: Credit conditions |
| FSR temporal aggregation code | LM01 |
Series in the same data set
Discover the other time series included in this data set.