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Sunday, May 25, 2025

Economy’s Service Sector Grows

Business activity in the non-manufacturing sector of the nation’s economy expanded in August, though many executives are concerned about rising energy costs, according to a survey of business managers.


The Institute for Supply Management, which surveyed about 370 businesses throughout the U.S., said its non-manufacturing index rose to 65 percent in August from July’s 60.5 percent.


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