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Chart of the Week

Archived Chart: From April 7, 2017

The Institute for Supply Management (ISM) Survey for Business Activity in the service sector moved down to 58.9% in March. Readings above 50% indicate positive growth, and the current reading is well anchored in growth territory. Because the service sector accounts for roughly two-thirds of U.S. GDP, we’ll be following this key indicator closely in the months to come. Stay tuned.

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