“Service sector activity declined in September,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released yesterday.

Overall, the service sector revenues index widened to negative 15 in September from negative 6 in August, while the number of employees index improved to negative 9 from negative 14, the average wage index decreased to 8 from 12, and the product demand during the next six months index tripled to 15 from 5.

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