Slowest rise in U.S. service sector output for three months in August

At 58.5 in August, down from 60.8 in July, the seasonally adjusted Markit Flash U.S. services PMI™ Business Activity Index which is based on approximately 85% of usual monthly replies –signalled the slowest expansion of business activity since May. The index has now moderated for two months running…

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Slowest rise in U.S. service sector output for three months in August

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