Service Sector Growth Slows a Bit

People working in Service Sector

Economic activity in the non-manufacturing (service) sector grew in March for the 98th consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business. However, growth in the sector has slowed a bit. The NMI registered 58.8 percent, which is 0.7 percentage point lower than the February reading of 59.5 percent. This represents…

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