Release · 2026-09-22 to 2026-09-22

Richmond Fed services revenues index was 0 in September

The Federal Reserve Bank of Richmond said Fifth District non-manufacturing activity was flat in September. The revenues index increased to 0 from -8 in August, and the demand index inched down to 2 from 3. The local business conditions index increased to -8 from -12. The current employment index fell to 2 from 8.

Revenues index: 0.0 2026-09 · prior -8.0 (2026-08)
Demand index: 2.0 2026-09 · prior 3.0 (2026-08)
Local business conditions index: -8.0 2026-09 · prior -12.0 (2026-08)
Employment index: 2.0 2026-09 · prior 8.0 (2026-08)

Richmond Fed non-manufacturing revenues index. Federal Reserve Bank of Richmond Non-Manufacturing Survey, August–September 2026. Share card.

Source: Non-Manufacturing Survey, September 2026 — Federal Reserve Bank of Richmond.

all 4 figures found at the source

found Revenues index = 0.0 — at Federal Reserve Bank of Richmond
found Demand index = 2.0 — at Federal Reserve Bank of Richmond
found Local business conditions index = -8.0 — at Federal Reserve Bank of Richmond
found Employment index = 2.0 — at Federal Reserve Bank of Richmond

Researched by Grok, checked against each source by an automated pass, edited by Clem Ziroli III. Published Sep 22, 2026.

This page is one print. The daily brief for September 22, 2026 is the editor's cut of what mattered that day. Figures are as the named sources printed them. The methodology says how this page is made and what is checked.