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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Kansas Fed Composite Index fell to 8 in May 2026
FMPMonthlyReleased May 2026
US Kansas Fed Composite Index fell to 8 in May 2026, down 2 from April's 10 reading. The reading missed the 9 consensus by 1. Kansas Fed Composite Index has now declined for 3 consecutive months. The reading is in the 87th percentile of the trailing 24-month range.
Latest Release
8
Actual
9
Consensus
10
Previous
Median Absolute Error
±2.33
across last 12 releases
Last Call
May 2026
Predicted: 12
Actual: 8
Error: +4
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| MSFT | ▼ Inverse | −0.64 | STOCKS | Bearish MSFT | → View |
| GOOGL | ▼ Inverse | −0.49 | STOCKS | Bearish GOOGL | → View |
| GBP/USD | ▼ Inverse | −0.39 | FOREX | Bearish GBP | → View |
| XAU/USD | ▼ Inverse | −0.37 | COMMODITIES | Bearish XAU | → View |
| USD/CHF | ▲ Direct | +0.32 | FOREX | Bullish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Kansas Fed Composite Index (United States) was reported at 8.00 in May 2026. This missed the market consensus of 9.00 by 1.00. The reading fell from the previous value of 10.00. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 4.30, ranging from -2.00 to 11.00 across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 8.00, up from the prior three at 5.00. Volatility over the past year (σ 3.85) is higher than the prior year (σ 3.04). In May readings over the past 3 years, Kansas Fed Composite Index has averaged 1.00.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with MSFT (Bearish MSFT). A secondary relationship exists with GOOGL, negatively correlated (Bearish GOOGL). Over the last 12 releases, the Sigmacast model's median absolute error is 2.33.
WHAT TO WATCH NEXT
The next release is scheduled for June 25, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Kansas Fed Composite Index - US
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About Kansas Fed Composite Index — United States
DEFINITION
The Kansas Fed Composite Index is a key economic indicator that measures the overall health and performance of the economy in the state of Kansas. It takes into account various factors such as employment, production, and sales to provide a comprehensive view of the state's economic activity. This index is closely monitored by investors, policymakers, and businesses as it can provide valuable insights into the current and future economic conditions in Kansas.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 8, consensus 9. Prior reading (Apr 2026): 10. Before that (Mar 2026): 11.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with MSFT (Bearish MSFT, r=-0.64) — a useful reference for stocks-focused traders.