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

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).

- Source agency: Federal Reserve Bank of Richmond
- Makrognosis code: `US.RICHFED_SVC_LOCALBIZ.M.SA`
- Frequency: monthly
- Units: diffusion index (net balance)
- Coverage: 2010-12-01 to 2026-10-01 (191 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/richmond-fed-service-sector-survey-local-business-conditions-index-sa

## Recent data

| Period | Value |
|---|---:|
| 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 2026 | 0.00 diffusion index (net balance) |
| April 2026 | −6.00 diffusion index (net balance) |
| March 2026 | 1.00 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 2025 | 5.00 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 2025 | 2.00 diffusion index (net balance) |
| December 2024 | 11.00 diffusion index (net balance) |
| November 2024 | 5.00 diffusion index (net balance) |

## API

```
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"]
```