US Services Sector Growth Slows Amid Economic Uncertainty

1 min read
Source: Bloomberg
US Services Sector Growth Slows Amid Economic Uncertainty
Photo: Bloomberg
TL;DR Summary

US services activity expanded at its slowest pace in three months in November, as indicated by the Institute for Supply Management's index dropping to 52.1. This suggests a loss of momentum in the largest part of the economy, with demand and employment growth also slowing.

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