Tenth District Manufacturing Activity Increased Moderately in March:

FOR IMMEDIATE RELEASE

March 26, 2026

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The Federal Reserve Bank of Kansas City released the March Manufacturing Survey today. According to Cortney Cowley, assistant vice president and Oklahoma City Branch executive, the survey revealed that Tenth District manufacturing was unchanged, while expectations for future activity cooled but remained expansionary.

"Regional manufacturing activity increased from last month and is up modestly year-over-year for the first time since May 2023," said Cowley. "Price growth cooled slightly from last month, but nearly half of firms reported changing prices more often than last year."

A summary of the March survey is below. The March survey incorporates new seasonal adjustment factors using Census X-13 ARIMA-SEATS, so historical indexes differ slightly from previously released numbers. The new seasonal factors will be used throughout 2025. Historical data, results from past surveys, and release dates for future surveys can be found at External Linkhttps://kansascityfed.org/surveys/manufacturing-survey.

The Federal Reserve Bank of Kansas City serves the Tenth Federal Reserve District, encompassing the western third of Missouri; all of Kansas, Colorado, Nebraska, Oklahoma and Wyoming; and the northern half of New Mexico. As part of the nation's central bank, the Bank participates in setting national monetary policy, supervising and regulating numerous commercial banks and bank holding companies, and providing financial services to depository institutions. More information is available online at External Linkhttps://kansascityfed.org

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