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Service Sector Expands, But Business Costs Climb

Service Sector Expands, But Business Costs Climb

U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt ‌inventories in anticipation of shortages and higher prices because of the war with Iran.
The Institute for Supply Management said Wednesday its nonma… [2205 chars]

Source: Newsmax | Published: 2026-06-03T15:39:39Z

Credit: Newsmax

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