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Strategies & Market Trends : John Pitera's Market Laboratory

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Hawkmoon

sixty2nds

To: Hawkmoon who wrote (17261)	9/25/2015 12:29:32 PM
From: The Ox	2 Recommendations of 33421

NEW YORK, Sept 25 Growth in America's services sector eased during September to its slowest rate at any time during the last three months as new business expansion weakened for a second month, an industry report showed on Friday. Financial firm Markit said its preliminary, or "flash", reading of its Purchasing Managers Index for the services sector slipped to 55.6 in September from the final 56.1 reading in August. A reading over 50 signals expansion in economic activity. The data matched the 55.6 level forecast by economists in a Reuters survey. A subindex measuring new business at service companies declined to 55.3, its lowest level since January, from the final reading of 55.7 in August. The employment component slipped in September from August.

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