Signs of a Slowdown? Evidence From Our October Business Surveys
Abstract: After a few months of upward movement in the headline indexes of our business surveys, results took a downward turn in October. This was especially true in the service sector, where both current and expected activity deteriorated noticeably. However, despite what may be evidence of a shift to a slower pace of demand, firms on balance appear to be holding steady on hiring plans, at least for the near term.
File format is text/html
Description: Discussion Paper
Provider: Federal Reserve Bank of Richmond
Part of Series: Regional Matters
Publication Date: 2023-11-03