Tenth District Manufacturing Activity Was Mostly Unchanged in December

FOR IMMEDIATE RELEASE

Dec. 18, 2025

CONTACT: Sarah Dickson

The Federal Reserve Bank of Kansas City released the December 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.

“Growth in regional factory activity cooled in December, as production and employment fell slightly,” said Cowley. “Looking ahead, sentiment for future activity remains positive, but the outlook for capital expenditures in 2026 is mixed."

A summary of the December survey is below. The December 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 atExternal Linkhttps://admin.kansascityfed.org/.
###