U.S. Service Sector Growth Slows Modestly In November

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A slight pullback in the rate of growth in U.S. service sector activity continued in the month of November, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI edged down to 55.9 in November after dipping to 56.6 in October, although a reading above 50 still indicates growth.

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