Service sector activity weakened in July, according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Overall, the service sector revenues index reversed to negative 11 in July, from positive 11 in June, while the number of employees index slumped to negative 3 from positive 6, the average wage index declined to 8 from 16, and the expected product demand during the next six months index fell to 4 from 18.

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