Economic Indicators

U.S. services sector activity unexpectedly accelerates in November – ISM

2022.12.05 10:52

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© Reuters.

By Scott Kanowsky 

Investing.com — Growth in the U.S. services industry unexpectedly accelerated in November, according to new data from the Institute for Supply Management on Monday.

The ISM said its increased to 56.5 during the month, up from 54.4 in October.

Economists had predicted that the reading would fall to 53.3.

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