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Global Business News

The Economic Times

Global Business / The Economic Times

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US service sector activity picks up in December, employment rebounds

America's services sector showed unexpected strength in December. The purchasing managers index rose, indicating a robust end to 2025. Employment in the sector also rebounded. New orders increased, and export orders grew. Prices paid by businesses remained elevated, suggesting inflation could persist. The economy is expected to benefit from tax cuts and reduced trade uncertainty this year.

7 Jan 2026 9:22 pm