New York Fed Services Business Activity Index Rises to -21.7 in November

Deep News11-18

According to a survey of business leaders, the New York Fed's business activity index for service firms in its district improved to -21.7 in November, up from -23.6 in the previous month.

The six-month business activity index declined to -4.6, compared to -3.4 previously.

The business climate index rose to -42.2, up from -42.9 in the prior month.

The employment index fell to -8.6%, down from -5.2.

The wage index decreased to 25.4, compared to 25.9 previously.

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