U.S. private sector activity contracts again in August, survey shows - Reuters

U.S. private-sector business activity contracted for a second straight month in August to its weakest in 27 months with particular softness registered in the services sector as demand weakened in the face of inflation and tighter financial conditions.

Aug 23 (Reuters) - U.S. private-sector business activity contracted for a second straight month in August to its weakest in 27 months with particular softness registered in the services sector as dem… [+1985 chars]

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