The Service Sector Activity Index in the US fifth district eased to 8 in May of 2022 from 13 in the previous month. The demand index fell to 10 from 24 in the prior month, and local business conditions swung to -5 from 4. Still, the employment index rose to 17 from 9 in April. source: Federal Reserve Bank of Richmond
Richmond Fed Services Index in the United States averaged 7.19 points from 1993 until 2022, reaching an all time high of 34 points in May of 2021 and a record low of -76 points in April of 2020. This page includes a chart with historical data for the United States Richmond Fed Services Index. United States Richmond Fed Services Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Richmond Fed Services Index in the United States is expected to be 10.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.