Kansas City Fed: "Tenth District Services Activity Decreased Significantly"

Usually I don't cover the service surveys, but the regional surveys are timely and are showing the sharp decline in activity. From the Kansas City Fed: Tenth District Services Activity Decreased Significantly The Federal Reserve Bank of Kansas City released the March Services Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District services activity decreased significantly in March to the lowest level in survey history (since 2014), and firms expected business activity to drop further in the......(read more)

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