|Month over Month||-1.0%||0.3%|
|Year over Year||-3.4%||-0.3%|
The tertiary index measures activity in 13 industries. The major components are utilities, transport and telecommunications, wholesale and retail, finance and insurance, real estate and services. *Release time listed is for U.S. Eastern Time of the previous day.
The tertiary index measures output by the service sector. Because this report excludes manufacturing the index is considered a key measure of domestic activity. The index incorporates data from firms involved with wholesale and retail trade, financial services, health care, real estate, leisure and utilities. The report excludes industrial manufacturing sectors that tend to be influenced by foreign demand.
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