"US Service Sector Moderately Expands as Price Pressures Ease, Dollar Under Selling Pressure"

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Source: Bloomberg
"US Service Sector Moderately Expands as Price Pressures Ease, Dollar Under Selling Pressure"
Photo: Bloomberg
TL;DR

Growth in the US services sector slowed for a second month in March, with the Institute for Supply Management's composite gauge dropping to 51.4, indicating expansion but lower than expected. The gauge of input costs also fell to a four-year low, largely due to a record low in the supplier deliveries index.

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