# United States Richmond Fed Service Sector Survey: Wages Index (SA)

United States Richmond Fed Service Sector Survey: Wages Index (SA) was 16.00 diffusion index (net balance) in October 2026, down 20.0% from September 2026 and up 6.7% from a year earlier.
Over the past ten years it has ranged from −16.00 diffusion index (net balance) (Apr 2020) to 45.00 diffusion index (net balance) (Sep 2021), averaging 25.82 diffusion index (net balance).

- Source agency: Federal Reserve Bank of Richmond
- Makrognosis code: `US.RICHFED_SVC_WAGES.M.SA`
- Frequency: monthly
- Units: diffusion index (net balance)
- Coverage: 1993-11-01 to 2026-10-01 (396 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/richmond-fed-service-sector-survey-wages-index-sa

## Recent data

| Period | Value |
|---|---:|
| October 2026 | 16.00 diffusion index (net balance) |
| September 2026 | 20.00 diffusion index (net balance) |
| August 2026 | 22.00 diffusion index (net balance) |
| July 2026 | 20.00 diffusion index (net balance) |
| June 2026 | 19.00 diffusion index (net balance) |
| May 2026 | 21.00 diffusion index (net balance) |
| April 2026 | 18.00 diffusion index (net balance) |
| March 2026 | 19.00 diffusion index (net balance) |
| February 2026 | 18.00 diffusion index (net balance) |
| January 2026 | 20.00 diffusion index (net balance) |
| December 2025 | 17.00 diffusion index (net balance) |
| November 2025 | 13.00 diffusion index (net balance) |
| October 2025 | 15.00 diffusion index (net balance) |
| September 2025 | 19.00 diffusion index (net balance) |
| August 2025 | 22.00 diffusion index (net balance) |
| July 2025 | 19.00 diffusion index (net balance) |
| June 2025 | 19.00 diffusion index (net balance) |
| May 2025 | 19.00 diffusion index (net balance) |
| April 2025 | 14.00 diffusion index (net balance) |
| March 2025 | 20.00 diffusion index (net balance) |
| February 2025 | 24.00 diffusion index (net balance) |
| January 2025 | 21.00 diffusion index (net balance) |
| December 2024 | 21.00 diffusion index (net balance) |
| November 2024 | 20.00 diffusion index (net balance) |

## API

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

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.RICHFED_SVC_WAGES.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```