U.S. ISM Non-Manufacturing PMI Falls To 4-Month Low In Oct

Service sector activity in the U.S. grew at the slowest rate in four months in October, dampening optimism over the economic outlook, industry data showed on Wednesday. The Institute of Supply Management said its non-manufacturing purchasing manager’s index fell to 57.1 last month from a reading of 58.6 in September. Analysts had expected the index to inch down to 58.0 in October.

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