The Federal Reserve Bank of Kansas City released its February Manufacturing Survey, reporting that manufacturing activity in the Tenth District declined slightly while expectations for future activity remained expansionary. Regional factory activity continued to fall in February, with firms moderately reducing employment levels during the month but expecting overall activity and employment to increase over the next six months. The February survey also incorporates new seasonal adjustment factors using Census X-13 ARIMA-SEATS, meaning historical indexes differ slightly from previously released numbers, and the updated seasonal factors will be used throughout 2025.
Federal Reserve Bank of Kansas City 2025-02-27
Federal Reserve Bank of Kansas City releases February Manufacturing Survey showing slight decline in Tenth District activity and updated seasonal adjustments
The Federal Reserve Bank of Kansas City's February Manufacturing Survey indicates a slight decline in Tenth District manufacturing activity, though future expectations remain positive. Firms reduced employment levels in February but anticipate growth in activity and employment over the next six months. The survey includes new seasonal adjustment factors, affecting historical index comparisons.