The Federal Reserve Bank of Kansas City released its June Manufacturing Survey, showing that business activity in the Tenth District manufacturing sector rose moderately in June. Expectations for future activity remained expansionary, while prices continued to increase and the survey’s price indexes reached their highest levels since 2022. The survey also found uneven cost pass-through among manufacturers. Nearly half reported passing through less than 20% of cost increases to customers, while about a third reported passing through more than 60%. The June survey incorporates new seasonal adjustment factors using Census X-13 ARIMA-SEATS, which means historical indexes differ slightly from previously released figures. Those new seasonal factors will be used throughout 2026.
Federal Reserve Bank of Kansas City2026-06-25
Federal Reserve Bank of Kansas City reports moderate rise in Tenth District manufacturing activity and highest price indexes since 2022
The Federal Reserve Bank of Kansas City’s June Manufacturing Survey showed moderate growth in Tenth District manufacturing activity, with future expectations still expansionary. Prices continued to rise, and the survey’s price indexes reached their highest levels since 2022. The release also introduced new seasonal adjustment factors that slightly changed historical index values.