Kansas City Fed Services 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 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 number of employees (share of CEOs seeing a recent increase minus share reporting a decrease) stood at -10.0 in September 2026, compared to -4.0 in the previous month.
Sample. In this monthly series, there are a total of 153 data points. The period covered by the series extends from January 2014 to September 2026.
History. Here's a snapshot of a few statistics we computed on the entire sample: the diffusion index was equal on average to 4.4; it reached a trough of -43.0 in April 2020; it achieved a maximum of 23.0 in March 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 4.00000 |
| 2026-08-31 | -4.00000 |
| 2026-09-30 | -10.0000 |
Tip. We group time series into worksheets and datasets to facilitate exploration. By scrolling down, you will find how we arranged further information linked to the statistics provided here.
Not for investment purposes. Data released on this web site are not suitable for investment purposes or other financial decisions. Users should ask for expert advice and do their own independent due diligence before making any financial commitments.
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
Discover the other time series included in this data set.