FX.co ★ Kansas City Fed Composite Index Eases to 10 in April, Signaling Slight Cooling in Tenth District Activity

The Kansas City Federal Reserve’s composite index edged down to 10 in April 2026 from 11 in March, indicating a modest slowdown in overall economic activity across the Tenth Federal Reserve District. The latest reading, updated on 23 April 2026, suggests that while growth remains positive, momentum has softened slightly compared with the prior month.

The composite index, which aggregates measures of manufacturing and services activity, continues to sit in expansionary territory, implying that businesses in the region are still experiencing growth, albeit at a marginally weaker pace than in March. With the April reading just one point below the previous month’s level, the data point to a stable but tempering regional backdrop for the United States economy in early spring 2026.