Richmond Fed services index +2 in October
SPY•The Richmond Fed services index was +2 in October. Seasonally adjusted data showed revenues at 2, demand at 7 and local business conditions at -5.
1. October readings
The Richmond Fed released its monthly services index for October. Seasonally adjusted current-conditions readings included revenues at 2, demand at 7 and local business conditions at -5; expectations for revenues were 20 and for demand were 16.
