WASHINGTON, Sept. 3 (Xinhua) -- The U.S. services sector expanded in August for the third consecutive month, but the pace of growth slowed, the Institute for Supply Management (ISM) reported Thursday.
The Services Purchasing Manager's Index (PMI), formerly known as the non-manufacturing index, registered 56.9 percent, 1.2 percentage points lower than the July reading, according to the latest Services ISM Report on Business.
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