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Slowdown in orders, hiring curbs U.S. services sector growth

November 4, 2016 by · Leave a Comment 

Other data on Thursday showed planned job cuts by U.S.-based employers dropped 31 percent to a five-month low last month. The mixed reports came a day after the Federal Reserve offered a fairly upbeat assessment of the economy and signaled it could raise interest rates next month.

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Slowdown in orders, hiring curbs U.S. services sector growth