US Services Sector Slows Slightly in April After Record High

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Activity in the U. S. services sector continues to grow most Americans work in the services sector and the pace of expansion actually slowed a bit in April but that's because it followed record growth in March when orders hiring and prices all surged the institute for supply management survey registered to still high reading of sixty two point seven percent last month any reading above fifty indicates the sector is expanding April marked the eleventh straight month of expansion after two month contraction in April or may of last year when the country was struggling with widespread shutdowns caused by the corona virus pandemic Ben Thomas Washington

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