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Monday, January 7, 2019

ISM non-manufacturing index hits 57.6 in December

The U.S. services sector expanded at a slower-than-expected pace in December, according to data released Monday.

The institute for Supply Management said its non-manufacturing index clocked in at 57.6 last month. Economists polled by Refinitiv expected the ISM non-manufacturing index to slip to 59 in December. The index hit 60.7 in November.

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