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Report Shows U.S. Private Sector Growth

 
Report Shows U.S. Private Sector Growth

(Undated)  --  A new report shows U.S. private sector economic activity grew in March.  

Data firm Markit says its Purchasing Managers Index hit 55.8 during this month, up from 54.1 last month.  

Increases were seen in the services sector, which was welcome news after a disappointing report on manufacturing was released on Monday.  An economist at Markit says that service sector activity "rebounded in March after a weather-torn February."

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