Kansas City Fed Manufacturing Survey: Number of employees: 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 number of employees was 0.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in January 2026, compared to -4.0 in December 2025.
Sample. In this monthly series, there are 295 observations in total. The series covers the time period stretching from July 2001 to January 2026.
History. Take a look at some descriptive statistics computed on the whole sample: the diffusion index had a mean of 3.1; it hit a minimum of -38.0 in March 2009; it recorded its maximum of 35.0 in October 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-11-30 | 10.0 |
| 2025-12-31 | -4.0 |
| 2026-01-01 | 0.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the number of employees 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: Number of employees |
| FSR temporal aggregation code | LM01 |
Series in the same data set
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