Pursuits
Service Industries in U.S. Expand at Faster Pace
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Service industries expanded in November at the fastest pace in six months, showing the U.S. recovery is broadening out as the year comes to a close.
The Institute for Supply Management’s non-manufacturing index, which covers about 90 percent of the economy, rose to 55 last month from 54.3 in October. A reading higher than 50 signals growth.