TITLE

Richmond Fed: Modest Growth in Services

AUTHOR(S)
Siegel, Gary E.
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/12/2005, Vol. 351 Issue 32048, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the outcome of the service-sector activity survey, conducted by the Federal Reserve Bank of Richmond. The survey predicts a modest growth in the service industry. Overall, the service sector revenues index dipped to 11 in December 2004 from 13 in November 2004, while the number of employees index decreased to 6 from 12, the average wage index was up to 25 from 18, and product demand during the next six month index remained at 35.
ACCESSION #
15627378

 

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