Biggest contraction in the services sector of the US since 2009
Fewed by - Reefew Bot
Coronavirus has halted economic activity in America. The U.S. services sector contracted for the first time in about a decade last month as the coronavirus pandemic brought economic activity in the country to a near-screeching halt, according to the Institute for Supply Management. The ISM non-manufacturing index dropped to 41.8 in April from 52.5 in March, showing the first contraction in services since December 2009
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economy
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Tue May 05
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Cnbc