Business activity slowed in March, according to report
Business activity in the U.S. expanded in April at the slowest pace since the end of 2009, according to the the Institute for Supply Management-Chicago Inc., Bloomberg reported. The reading of 56.2 was lower than the most pessimistic forecast in a Bloomberg News survey. The institute’s index was at 62.2 in March. Readings greater than 50 signal growth.
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