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U.S. service sector index at record high in May; input costs soar – ISM survey

U.S. service sector index at record high in May; input costs soar - ISM survey

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A measure of U.S. services industry activity increased to a record high in May amid robust demand as the economy moves toward fully reopening, but businesses are struggling to source raw materials and labor, driving up production costs.

...read full article on Reuters

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