By Colin Kellaher
Services activity in the middle of the U.S. rose again in February, and expectations for future activity stayed positive, according to a monthly survey by the Federal Reserve Bank of Kansas City released Friday.
The Tenth District Services Survey's composite index, a weighted average of indexes covering revenue/sales, employment and inventory, came in at 6 in February following readings of 2 in January and 1 in December. Readings above zero indicate expansion, while those below zero indicate contraction.
The Kansas City Fed said regional services activity continued to rise this month, as revenue growth reached its highest reading since June 2023.
The bank said its index of expectations for future services activity slipped to 13 in February from 15 in January.
The Kansas City Fed's survey includes participants from such service industries as retail and wholesale trade, automobile dealers, real estate and restaurants. The survey provides information on current services activity in the Tenth District, which includes Colorado, Oklahoma, Wyoming, Nebraska, Kansas, the northern half of New Mexico and the western third of Missouri.
The bank's monthly manufacturing survey, released Thursday, showed that activity at factories in the central U.S. rose in February.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 27, 2026 11:33 ET (16:33 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.