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Thursday, Apr 3, 2025

Economy’s Expanding at Lower Rate

Business activity in the nonmanufacturing sector increased in April, although at a lower rate than in March, a private research organization said Wednesday.


The Institute for Supply Management said its index of activity among service companies for April fell to 61.7 from 63.1 a month earlier. Analysts had been estimating the index would ease to 61 in April.


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