Tenth District Services Activity Declined Modestly in July
by Chad Wilkerson
July 26
Our District services index entered slight negative territory in July, driven by decreasing sales among business and professional firms. However, employment grew this month after falling slightly in June.
Tenth District Services Growth Moderated Slightly in June
by Chad Wilkerson
June 28
District services activity stayed positive in June, and expectations for the future continued to grow. Employment declined slightly, and selling prices decreased this month.
Tenth District Services Activity Continued to Grow in May
by Chad Wilkerson
May 24
District services activity grew moderately in May, and expectations for future activity expanded further. Employment grew at its fastest pace in nearly two years, but firms’ expectations for wage growth in the coming year are mixed.
Tenth District Services Activity Expanded Further in April
by Chad Wilkerson
April 26
District services activity grew somewhat in April, and expectations for future activity were unchanged. However, employment growth cooled slightly this month.
Tenth District Services Activity Grew Again in March
by Chad Wilkerson
March 29
District services activity increased moderately in March, and expectations for future activity were steady. Sales growth cooled this month, but employment accelerated.
Tenth District Services Activity Grew Moderately in February
by Chad Wilkerson
February 29
District services activity increased moderately in February, and expectations for future activity declined slightly. Firms’ sales increased substantially last month, while employment levels held steady.
Tenth District Services Activity Was Steady in January
by Chad Wilkerson
January 26
Regional services activity was essentially flat in January. Firms’ sales stayed steady, but employment levels fell moderately with only slight increases anticipated in the coming months.