U.S. KC Fed Manufacturing Index Holds Steady in August, Signaling Stable Factory Activity

The Kansas City Federal Reserve’s Manufacturing Index for the United States remained unchanged in August 2026, holding at 17 for a second consecutive month. The reading matches July 2026’s level, indicating that regional manufacturing activity continued to expand at a stable pace.

With the index maintaining the same value of 17, the data suggest neither a further acceleration nor a cooling of conditions compared with the prior month. The unchanged result for August, updated on 27 August 2026, points to a manufacturing sector that is consolidating recent gains rather than shifting into a new phase of growth or contraction.