Tenth District Manufacturing Activity Continued to Increase in May

FOR IMMEDIATE RELEASE

May 21, 2026

CONTACT: Sarah Dickson

The Federal Reserve Bank of Kansas City released the May Manufacturing Survey today. According to Cortney Cowley, assistant vice president and Oklahoma City Branch executive, the survey revealed that business activity in the Tenth District manufacturing sector continued to increase, while expectations for future activity remained positive.

“District manufacturing activity rose further in May, and firms anticipate continued growth in the months ahead,” said Cowley. “Firms continued to cite elevated cost pressures. Nearly two-thirds reported their input prices were changing more frequently than in 2025."

A summary of the May survey is below. The May 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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