10:37 AM EDT, 10/29/2024 (MT Newswires) -- The Dallas Federal Reserve's monthly general business services index rebounded to a reading of 2.0 in October from minus 2.6 in September, indicating a return to expansion.

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

The reading for input prices increased but the readings for revenue, employment and selling prices decreased.