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Coronavirus sinks US business activity to record low

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US business activity contracted further in March, hitting a record low as the coronavirus pandemic depressed activity in both the manufacturing and services sectors, bolstering economists' views that the economy was already in recession.

[NEW YORK] US business activity contracted further in March, hitting a record low as the coronavirus pandemic depressed activity in both the manufacturing and services sectors, bolstering economists' views that the economy was already in recession.

Data firm IHS Markit said on Tuesday its...

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