U.S. services sector activity unexpectedly expands in November - ISM

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U.S. services sector activity unexpectedly expands in November - ISM
Credit: © Reuters.

By Scott Kanowsky 

Investing.com -- Growth in the U.S. services industry unexpectedly accelerated in November, according to new data from the Institute for Supply Management on Monday.

The ISM said its non-manufacturing purchasing managers' index increased to 56.5 during the month, up from 54.4 in October.

Economists had predicted that the reading would fall to 53.3.

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