Posted inWorld

US service industry index soars to 12-year high after storms

September saw American service industries expand at the fastest pace in 12 years, according to a survey from the Institute for Supply Management released Wednesday. Bloomberg reports the Non-manufacturing index jumped to 59.8, versus estimates of 55.5. Readings above 50 indicate growth. Measure of new orders rose to five-month high of 63, up from 57.1 the […]

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