Service sector activity "grew at a moderate pace in September," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Overall, the service sector revenues index crept to 15 in September, from 14 in August, while the number of employees index increased to 7 from 1, the average wage index gained to 19 from 13, and the expected product demand during the next six months index slipped to 16 from 19.

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