Kansas City Fed Services Index Jumps in October on Increases in Revenue, Employment

11:11 AM EDT, 10/23/2026 (MT Newswires) -- The Kansas City Federal Reserve's monthly composite services index rose to a reading of 10.0 in October after rising to 0 in September compared with the expectations for a smaller increase to a reading of 1 in a survey compiled by Bloomberg, suggesting expansion. The other regional services measures already released have indicated contraction while the S&P Global services index suggested a slower pace of expansion. There was an increase in the Kansas City revenue/sales reading to 16 from 6, while the employment reading rose to 2 from minus 10. The reading of selling prices decreased to 16 from 21, while the input price index fell to 48 from 53. A reading above zero indicates growth.