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U.S. Services Index Unexpectedly Increases In April

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by , 05-08-2025 at 05:58 AM (102 Views)
      
   
A report released by the Institute for Supply Management on Monday showed an unexpected increase by its reading on U.S. service sector activity in the month of April. The ISM said its services PMI rose to 51.6 in April from 50.8 in March, with a reading above 50 indicating growth. Economists had expected the index to edge down to 50.6.

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