Kansas City Fed Services Activity Index Flat in September
By Colin Kellaher
Services activity in the middle of the U.S. was flat in September, while expectations for future activity edged higher, according to a monthly survey by the Federal Reserve Bank of Kansas City.
The Tenth District Services Survey's composite index, a weighted average of indexes covering revenue/sales, employment and inventory, came in at 0 in September, compared with readings of minus 3 in August and 14 in July. Readings above zero indicate expansion, while those below zero indicate contraction.
The Kansas City Fed said consumer services grew moderately in September, driven by increased activity in the transportation sector, while business services fell further.
The bank said its index of expectations for future services activity came in at 12 in September, up from 5 in August.
The Kansas City Fed's survey, released Friday, includes participants from such service industries as retail and wholesale trade, automobile dealers, real estate and restaurants. The survey provides information on current services activity in the Tenth District, which includes Colorado, Oklahoma, Wyoming, Nebraska, Kansas, the northern half of New Mexico and the western third of Missouri.
The bank's monthly manufacturing survey, released Thursday, showed that manufacturing activity in the central U.S. accelerated in September.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 25, 2026 11:48 ET (15:48 GMT)
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