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Community management bodies send out circulars listing ‘security measures before travel’
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US service sector grows in April: ISM survey
NEW YORK - The U.S. service sector grew unexpectedly in April, snapping a three-month period of contraction, according to a report released on Monday.
The Institute for Supply Management's non-manufacturing index came in at 52.0 in April versus 49.6 in March.
A reading above 50 indicates growth in the service sector.
Economists had expected a reading of 49.1 for April, according to the median of forecasts in a Reuters poll.
The service sector represents about 80 percent of U.S. economic activity, including businesses such as banks, airlines, hotels and restaurants.
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