Today's ISM Services and ADP payroll readings pointed to a big slowdown in a previously strong part of the economy. Read More...
Bloomberg
US Service Gauge Falls More Than Expected as Demand Moderates
(Bloomberg) — The US service sector expanded in March at a much slower pace than projected on considerably weaker new orders growth and softer business activity.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesUBS Chairman’s Top-Secret Prep Paid Off in Credit Suisse MomentBonds Catch a Bid as Recession Talks Heat Up Again: Markets WrapBernard Arnault’s Fortune Soars Past $200 Billion for First TimeChicago Elects Tax Proponent, Progressive Johnson as MayorThe Inst
