Kansas City Fed Manufacturing Survey: New orders: Current (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 new orders stood at 16.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in February 2026, compared to 4.0 in the previous month.
Sample. In this monthly series, there are 296 data points in total. The series covers the time period stretching from July 2001 to February 2026.
History. Here's a glimpse of some simple statistics computed on the whole sample: the diffusion index averaged 5.1; it hit a trough of -53.0 in April 2020; it recorded its maximum of 48.0 in March 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-31 | -12.0 |
| 2026-01-31 | 4.0 |
| 2026-02-28 | 16.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did new orders 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 | 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: New orders |
| FSR temporal aggregation code | LM01 |
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