The Dixon Hughes Goodman Triad Business Index went down in February, as reported by the Triad Business Journal. The index, which is prepared by The Bryan School of Business and Economics, looks at business activity, including unemployment rates, in the Triad region. Despite slipping 0.1 percent in February, the index is still up 1.2 percent in the past 12 months. It has been off o.4 percent in the past three months.

Among the factors considered in measuring business activity is total non-agricultural wage and salary employment, the Triad Business Journal mentioned. That information slipped 0.3 percent in February and is off 0.1 percent in the past year, the report said.

The area’s $1.2 billion in retail spending in February was up 2.4 percent from the year prior, while retail employment is up 0.4 percent in the past year. Meanwhile, the number of existing single-family homes sold dropped 7.9 percent compared to the number sold last year. As well, passenger boardings at Piedmont Triad International Airport declined 5.5 percent in the past year.