US Services sector slowed in October
Data published on Thursday showed US service sector growth slowed in October. The statistics released by the Institute of Supply Management showed non-manufacturing numbers were lower than expected and pace of growth was slower compared with the previous month.
ISM Non-manufacturing PMI slowed to 52.9 from 53.0, versus consensus for 53.6 while non-manufacturing business index slowed to 53.8 from 57.1, versus forecast for 56.2.
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