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ECONOMICS COMMENTARY Apr 04, 2014

US services activity growth rebounds in March, but new orders rise at slower pace

March data pointed to a further increase in business activity across the U.S. service sector, and the rate of expansion accelerated from the snow-related four-month low seen during February. However, job creation remained only modest in March, partly reflecting a moderation in new business growth to its weakest for a year-and-a-half.

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