The Federal Reserve Bank of Kansas City published its August Services Survey, reporting that services activity in the Tenth District increased somewhat in August and that firms’ expectations for activity over the next six months remained positive. The release also notes that growth in selling prices cooled modestly from the prior month, while input prices continued to rise. The August survey incorporates new seasonal adjustment factors using Census X-13 ARIMA-SEATS, which slightly changes historical index values compared with previously published figures, and the updated seasonal factors will be used throughout 2025. The monthly survey tracks indicators such as sales, revenue, employment and capital spending, alongside movements in input and selling prices across a range of services industries.
Federal Reserve Bank of Kansas City 2025-08-29
Federal Reserve Bank of Kansas City releases August Services Survey showing a modest rise in Tenth District activity
The Federal Reserve Bank of Kansas City's August Services Survey indicates a slight increase in services activity in the Tenth District, with positive expectations for the next six months. Selling price growth cooled modestly, while input prices rose. The survey includes new seasonal adjustment factors, affecting historical index values.