EconomyStrong demand boosts US services sector activity in August
U.S. services activity strengthened in August as robust demand pushed new orders to a three-and-a-half-year high and raised input prices. The signs suggest inflation may stay elevated, potentially compelling the Federal Reserve to raise interest rates before year-end.
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Reuters★★★☆☆2026-09-03 18:51Original
Strong demand boosts US services sector activity in August
Economy