U.S. services sector activity surges to 11-month high
By Lindsay Dunsmuir WASHINGTON (Reuters) - U.S. services sector activity rebounded to an 11-month high in September, an encouraging sign for economic growth that may increase the prospect of a Federal Reserve interest rate hike this year. A reading above 50 indicates expansion in the sector, which accounts for more than two-thirds of U.S. economic activity. "These data help the case for the Fed tightening again before too long," said Jim O'Sullivan, chief U.S. economist at High Frequency Economi
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