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0.000331345261762809 -0.00115970841616954 -0.00215374420145784 -0.0033134526176275 -0.00662690523525511 0 0.00563286944996692 0.00994035785288273
Stockreport

U.S. service industries grow near fastest pace in a decade [MSN Money]

MACY'S (M)  More Company Research Source: MSN Money
Last macy's earnings: 8/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
PDF © Jin Lee/Bloomberg/Getty Images Customers walk through the cosmetics section at the Macy's Inc. flagship store in New York. U.S. service industries expanded in February near the fastest pace in at least a decade, signaling the economy is on track for steady growth this quarter, according to a survey from the Institute for Supply Management on Monday. Highlights of ISM Non-Manufacturing (February) Non-manufacturing index eased to 59.5 (est. 59) from 59.9; readings above 50 indicate growth Measure of business activity rose to almost one-year high of 62.8; gauge of new orders jumped to 64.8, highest since 2005, from 62.7 Employment index fell to 55 from December’s 61.6 reading that was the highest in data back to 1997 Key Takeaways The results from the Tempe, Arizona-based group extend the solid start to the year for services that account for about 90 percent of the economy and span industries such as retail, utilities, health care, and construction. The Feb [Read more]

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