Photographer: Daniel Acker/Bloomberg

The Biggest Part of the U.S. Economy Is Showing Signs of Cracking

  • Index shows first contraction since 2013 governnment shutdown
  • Markit flash-February gauge hurt by snow, order-backlog slump

Services, the biggest part of the U.S. economy, shrank this month for the first time in more than two years, hurt by a late-January snowstorm that blanketed the East Coast and a dearth of orders.

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