Service Industries in U.S. Grew Less Than Forecast in March
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Service industries in the U.S. grew less than forecast in March, showing higher fuel costs are raising concern sales will cool.
The Institute for Supply Management’s index of non-manufacturing companies fell to 57.3 from 59.7 in February, lower than the 59.5 median forecast of economists surveyed by Bloomberg News. Readings greater than 50 signal growth.