FOR IMMEDIATE RELEASE
Nov. 20, 2025
CONTACT: Sarah Dickson
The Federal Reserve Bank of Kansas City released the November Manufacturing Survey today. According to Cortney Cowley, assistant vice president and Oklahoma City Branch executive, the survey revealed that Tenth District manufacturing grew further, and expectations for future activity remained positive.
“Regional factory activity increased moderately in November,” said Cowley. “Employment growth ticked up this month, while price growth cooled.”
A summary of the November survey is below. The November 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 www.kansascityfed.org.
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The views expressed are those of the authors and do not necessarily reflect the positions of the Federal Reserve Bank of Kansas City or the Federal Reserve System.