U.S. services sector activity hits a six and a half-year low

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U.S. services sector activity hits a six and a half-year low

U.S. services sector activity hits a six and a half-year low
NEW YORK (Reuters) - U.S. services sector activity slowed to a 6-1/2-year low in August amid sharp drops in production and orders, pointing to slowing eco**mic growth that further diminished prospects for an interest rate hike from the Federal Reserve this month.

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