Reports: US Services Sector Growth Slows

Reports published Wednesday paint a mixed picture of the U.S. economy.
One Institute for Supply Management measure shows the June services sector growing at the slowest pace in three years, a separate report from the government said the U.S. trade deficit got worse in May, as stronger U.S. demand boosted imports, particularly of autos, food, oil and beverages, by more than $4 billion.
Weak growth overseas made a slight cut in U.S. exports. The $45 billion monthly trade deficit …

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