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Non-manufacturing activity up in October

December 03, 2014

Economic activity in the US non-manufacturing sector grew in November and at a faster rate than October, according to the Institute for Supply Management’s non-manufacturing index released today.

ISM’s non-manufacturing index rose in November to a reading of 59.3 from October’s reading of 57.1. Readings above 50 indicate growth.

However, the employment portion of the index fell to a reading of 56.7 in November from October’s reading of 59.6 percent.