US 5th District Service Sector Activity Rises Faster

2025-02-25 15:06 By Luisa Carvalho 1 min. read

The Fifth District Survey of Service Sector Activity showed improvement in February 2025, with the revenues index surging to 11 from 4 in January.

The demand index slightly dropped to 13 from 17 but remained in positive territory.

Both the future revenues and demand indexes declined but stayed solidly in the positive range, reflecting broad optimism among firms for the next six months.

However, the local business conditions index fell to 1 in February from 7 in January, and firms became less optimistic about future business conditions, with the index dropping to 8 from 36.

The current employment index rose slightly to 7 from 3, while the forward-looking employment index remained strong at 27.

The wages index was nearly unchanged at 24, with most firms expecting to increase wages over the next six months.

The growth rate of prices paid increased, while prices received slightly declined, with firms expecting little change in price growth for the year ahead.



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