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ISM non-manufacturing index hits 55.2 in March, vs. 57 estimate

Economic activity in the non-manufacturing sector grew in March for the 87th consecutive month, the Institute of Supply Management reported on Wednesday. The institute’s non-manufacturing index hit 55.2 in March, down from 57.6 in the previous month. This represents continued growth in the non-manufacturing sector at a slower rate, the group said.

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