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Job gains, cheaper petrol fuel service sector growth

Thursday, March 5, 2015 - 05:50

A labour market that's hitting its stride and a decline in prices at the gas pump since mid-2014 are helping Americans sustain the consumer spending that makes up almost 70 per cent of the economy.


SERVICE industries unexpectedly expanded at a faster pace in February, encouraging companies that make up the biggest part of the US economy to take on more workers.

The Institute for Supply Management's (ISM) non-manufacturing index increased to 56.9 from the prior

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