Tenth District Manufacturing Activity Was Unchanged in January

FOR IMMEDIATE RELEASE

Jan. 22, 2026

CONTACT: Sarah Dickson

The Federal Reserve Bank of Kansas City released the January 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 and employment levels stayed steady in January, and firms expect moderate growth in the near-term,” said Cowley. “However, contacts cited slowing domestic demand conditions, geopolitical uncertainty, and worker availability as concerns for this year."

A summary of the January survey is below. The January 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/.

###