Business

US Service-Sector Growth Accelerates in November


By Updated Dec. 6, 2018 11:18 a.m.


ET The U.S. service sector expanded at a faster pace in November, a sign of continued strength in the domestic economy as the fourth quarter progressed.


The Institute for Supply Management’s nonmanufacturing purchasing-managers index rose to 60.7 in November from 60.3 in October.


Economists surveyed by The Wall Street Journal had expected the index to fall to 59.0.






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