10:40 AM EST, 11/26/2024 (MT Newswires) -- The Dallas Federal Reserve's monthly general business services index rose to a reading of 9.8 in November from 2.0 in October, indicating a faster pace expansion.

The index is in line with the Kansas City, Richmond Fed and the S&P Global Flash estimates but in contrast with the New York Fed and the Philadelphia Fed indexes that signaled contraction.

There were gains in the readings for revenue and employment but declines in the readings for input prices and selling prices.