US non-manufacturing PMI tumbled to six-month low

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Source: BBC
US services sector performance deteriorated more than initially projected in April, but still remained at the expansion level for the 28th month in line.  Non-manufacturing PMI dropped by 2.5 points, attaining 53.5 in April as compared to a March reading of 56.0, according to the Institute of Supply Management. Experts predicted services PMI to lose 0.5 points to 55.5 in April.


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Fri, 04 May 2012 08:50:53 GMT

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