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U.S services sector activity hits a six and a half-year low

  • Writer: Editor Desk
    Editor Desk
  • Sep 6, 2016
  • 1 min read

NEW YORK U.S. services sector activity slowed to a 6-1/2-year low in August amid sharp drops in production and orders, pointing to slowing economic growth that further diminished prospects for an interest rate hike from the Federal Reserve this month.

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