The Federal Reserve Bank of Kansas City published its September Manufacturing Survey, indicating that Tenth District manufacturing activity edged higher while expectations for future activity cooled but remained modestly positive. The release also noted that price growth eased slightly. Production and employment increased in September, while new orders softened. The survey incorporates updated seasonal adjustment factors using Census X-13 ARIMA-SEATS, meaning historical indexes differ slightly from previously released figures, and the new seasonal factors will be used throughout 2025.
Federal Reserve Bank of Kansas City 2025-09-25
Federal Reserve Bank of Kansas City releases September Manufacturing Survey showing slightly higher Tenth District activity and cooler expectations
The Federal Reserve Bank of Kansas City's September Manufacturing Survey shows a slight increase in Tenth District manufacturing activity, with future expectations cooling but still positive. Price growth eased, while production and employment rose, and new orders softened. Updated seasonal adjustment factors have been applied, affecting historical index comparisons.