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The most active part of the US economy is sending 'mixed signals'

Markit Economics reported a jump in service-sector activity during September, although new orders and hiring slowed. The firm's flash purchasing manager's index — a preliminary report — was 51.9, beating the forecast for 51.2. When the index is above 50, it indicates that the sector is in expansion. Growth in new orders slowed to a four-month low, and in turn, companies reduced hiring, Markit said.
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