Makrognosis

United States Richmond Fed Service Sector Survey: Local Business Conditions Index (SA)

MonthlySeasonally adjustedCode US.RICHFED_SVC_LOCALBIZ.M.SA

Latest−5.00 diffusion index (net balance)October 2026
Previous−8.00 diffusion index (net balance)September 2026
Year ago−5.00 diffusion index (net balance)October 2025

United States Richmond Fed Service Sector Survey: Local Business Conditions Index (SA) was −5.00 diffusion index (net balance) in October 2026, up 3.00 from September 2026 and down 0.00 from a year earlier.

Over the past ten years it has ranged from −99.00 diffusion index (net balance) (Apr 2020) to 35.00 diffusion index (net balance) (May 2017), averaging 1.76 diffusion index (net balance).

United States Richmond Fed Service Sector Survey: Local Business Conditions Index (SA) (diffusion index (net balance)), Dec 2010 – Oct 2026−100−5005020122014201620182020202220242026Robomacro
United States Richmond Fed Service Sector Survey: Local Business Conditions Index (SA) (diffusion index (net balance)), Dec 2010 – Oct 2026. Source: Federal Reserve Bank of Richmond.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
October 2026−5.00 diffusion index (net balance)
September 2026−8.00 diffusion index (net balance)
August 2026−12.00 diffusion index (net balance)
July 2026−5.00 diffusion index (net balance)
June 2026−7.00 diffusion index (net balance)
May 20260.00 diffusion index (net balance)
April 2026−6.00 diffusion index (net balance)
March 20261.00 diffusion index (net balance)
February 2026−11.00 diffusion index (net balance)
January 2026−7.00 diffusion index (net balance)
December 2025−10.00 diffusion index (net balance)
November 2025−14.00 diffusion index (net balance)
October 2025−5.00 diffusion index (net balance)
September 2025−6.00 diffusion index (net balance)
August 20255.00 diffusion index (net balance)
July 2025−7.00 diffusion index (net balance)
June 2025−12.00 diffusion index (net balance)
May 2025−16.00 diffusion index (net balance)
April 2025−27.00 diffusion index (net balance)
March 2025−14.00 diffusion index (net balance)
February 2025−4.00 diffusion index (net balance)
January 20252.00 diffusion index (net balance)
December 202411.00 diffusion index (net balance)
November 20245.00 diffusion index (net balance)

Last 24 observations. The full history (191 observations) is available through the API.

Get United States Richmond Fed Service Sector Survey: Local Business Conditions Index (SA) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.RICHFED_SVC_LOCALBIZ.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.RICHFED_SVC_LOCALBIZ.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationDecember 2010
Observations191
FrequencyMonthly
Unitsdiffusion index (net balance)
AdjustmentSeasonally adjusted
10-year high35.00 diffusion index (net balance) (May 2017)
10-year low−99.00 diffusion index (net balance) (Apr 2020)
10-year average1.76 diffusion index (net balance)
Source agencyFederal Reserve Bank of Richmond
Makrognosis codeUS.RICHFED_SVC_LOCALBIZ.M.SA

Other United States indicators

United States GDP (Gross Domestic Product)United States Nominal GDP (SAAR)United States CPI-U, All Items (NSA)United States Inflation Rate (CPI)United States Core CPI (ex food & energy) (NSA)United States Core Inflation RateUnited States Unemployment RateUnited States Unemployment Rate (NSA)United States Credit Rating & Sovereign Risk ScoreUnited States Industrial ProductionUnited States Retail SalesUnited States Producer Price Inflation (PPI)United States Current account balance, SAUnited States Current account balance, annualUnited States Trade Balance: Goods & ServicesUnited States Exports of Goods & Services (BOP basis)

FAQ

What is the current richmond Fed Service Sector Survey: Local Business Conditions Index (SA) in United States?
The latest reading is −5.00 diffusion index (net balance) for October 2026, published by Federal Reserve Bank of Richmond.
Where does this data come from?
It is collected directly from Federal Reserve Bank of Richmond and is available through the Makrognosis API under the code US.RICHFED_SVC_LOCALBIZ.M.SA.

Last updated 2026-11-08. Source: Federal Reserve Bank of Richmond. Original title: “Richmond Fed Service Sector Survey: Local Business Conditions Index (SA)”.