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U.S. Service Sector Growth Slows as Employment Returns to Expansion

U.S. Service Sector Growth Slows as Employment Returns to Expansion

U.S. service sector growth moderated in June, according to the latest Institute for Supply Management (ISM) survey, while the employment index returned to expansion after several months of contraction. The report provides updated information on business activity, hiring conditions, and demand across the nation’s largest economic sector. Key Takeaways The ISM Services PMI showed the U.S.

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