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U.S. services sector activity slows to a six and a half year low

NEW YORK (Reuters) - U.S. services sector activity hit a 6-1/2 year-low in August amid sharp drops in production and orders, pointing to slowing economic growth that could further diminish prospects for an interest rate hike from the Federal Reserve this month.

U.S. services sector activity slows to a six and a half year low
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