The service sector and the "Great Recession"
Abstract: The recent recession had a lasting effect on the service sector, both nationally and in the Fifth District. The Fifth District Service Sector Index of Revenues provides valuable insights into the nature of the service sector's downturn, and its links to downturns in other markets. In particular, breaking down the aggregate index into its component industries reveals important differences in each subsector's decline and relative recovery.
Keywords: Business cycles; Federal Reserve District, 5th; Recessions;
File(s): File format is application/pdf http://www.richmondfed.org/publications/research/economic_brief/2010/pdf/eb_10-12.pdf
Provider: Federal Reserve Bank of Richmond
Part of Series: Richmond Fed Economic Brief
Publication Date: 2010
Order Number: 10-12