Kansas City Fed Manufacturing Survey: Shipments: 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 shipments was 20.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in March 2026, compared to 11.0 in February 2026.
Sample. In the monthly time series presented in the figure, there are 297 data points overall. The time range covered by the series goes from July 2001 to March 2026.
History. Here are some descriptive statistics we calculated on the entire sample: the diffusion index averaged 6.5; it achieved a maximum of 40.0 in May 2018; it reached a minimum of -62.0 in April 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-01-31 | -2.0 |
| 2026-02-28 | 11.0 |
| 2026-03-31 | 20.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did shipments 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: Shipments |
| FSR temporal aggregation code | LM01 |
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