The October Services Index published by the @RichmondFed showed an overall improvement, rising to -5 compared to the previous reading of -8. Taking a closer look at the individual components, demand experienced a solid increase, climbing to +7 from the earlier +2. Revenues also saw a positive shift, moving to +2 from a prior level of 0. The employment metric ticked slightly higher, reaching +3 from the previous +2. Meanwhile, the capex measurement adjusted to -6 against a prior figure of -3.