Kansas City Fed Services Activity Index Rises in October
Kansas City Fed Services Activity Index Rises in October Morningstar The Federal Reserve Bank of Kansas City's monthly services activity index rose in October, according to a monthly survey by the Tenth District Services Survey. The composite index, a weighted average of indexes covering revenue/sales, employment, and inventory, came in at 10 in October compared to readings of 0 in September and minus 3 in August. Business services cooled slightly this month, driven by declines in activity in the transportation sector. Consumer services increased by increased activity in health services and non-discretionary retail trade. The bank's index of expectations for future services activity was 4 in October down from 12 in September due to lower employment expectations. The survey includes participants from such service industries as retail and wholesale trade, automobile dealers, real estate and restaurants.
公開済み : 19時間前 沿って の Finance Auto
Services activity in the middle of the U.S. rose in October, while expectations for future activity moved lower, according to a monthly survey by the Federal Reserve Bank of Kansas City.
The Tenth Di... [1458 symbols]
