The Richmond Fed Services Revenues Index is a monthly indicator that tracks business conditions in the services sector within the Fifth Federal Reserve District. It is based on a survey of service-providing firms regarding their revenues, demand, and employment levels. A positive reading indicates expansion in the sector, while a negative reading suggests contraction.
The index is calculated as a diffusion index: the percentage of firms reporting an increase minus the percentage reporting a decrease. The survey covers various service industries including healthcare, retail, and professional services.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jan 27, 2026 | -3.00 | -2.00 | -1.00 |
| Dec 23, 2025 | -6.00 | 1.00 | -7.00 |
| Nov 25, 2025 | -4.00 | 5.00 | -9.00 |
| Oct 28, 2025 | 4.00 | 3.00 | +1.00 |
| Sep 23, 2025 | 1.00 | 3.00 | -2.00 |
| Aug 26, 2025 | 4.00 | 1.00 | +3.00 |
| Jul 22, 2025 | 2.00 | 1.00 | +1.00 |
| Jun 24, 2025 | -4.00 | -10.00 | +6.00 |
| May 28, 2025 | -11.00 | -5.00 | -6.00 |
| Apr 22, 2025 | -7.00 | -6.00 | -1.00 |
| Mar 25, 2025 | -4.00 | 3.00 | -7.00 |
| Feb 25, 2025 | 11.00 | 7.00 | +4.00 |
| Jan 28, 2025 | 4.00 | 21.00 | -17.00 |
| Dec 24, 2024 | 23.00 | 7.00 | +16.00 |
| Nov 26, 2024 | 9.00 | 5.00 | +4.00 |
| Oct 22, 2024 | 3.00 | -2.00 | +5.00 |
| Sep 24, 2024 | -1.00 | -3.00 | +2.00 |
| Aug 27, 2024 | -11.00 | 4.00 | -15.00 |
