Kansas City Fed Services-activity Index Shows Growth Cooled in June

Dow Jones06-26 23:59

Services activity in the middle of the U.S. showed cooler growth in June, 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 and sales, employment and inventory, came in at 5 in June following a reading of 10 in May. Readings above zero indicate expansion, while those below zero indicate contraction.

The Kansas City Fed said growth in consumer and business services cooled from last month, driven by declines in retail trade and transportation services. All month-over-month indexes were positive except for the credit conditions index at minus 2.

Meanwhile, a quarter of firms reported passing more than 60% of cost increases to customers, the survey said.

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.

Write to Jessica Coacci at jessica.coacci@wsj.com

(END) Dow Jones Newswires

June 26, 2026 11:59 ET (15:59 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Readings above zero indicate expansion, while those below zero indicate contraction. \n\n\n  The Kansas City Fed said growth in consumer and business services cooled from last month, driven by declines in retail trade and transportation services. All month-over-month indexes were positive except for the credit conditions index at minus 2. \n\n\n  Meanwhile, a quarter of firms reported passing more than 60% of cost increases to customers, the survey said. \n\n\n  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. \n\n\n \n\n\n  Write to Jessica Coacci at jessica.coacci@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 26, 2026 11:59 ET (15:59 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2646418369","isCrawlerRequest":true}