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Tag: IHS Markit purchasing managers’ index

UNITED STATES business activity shrank in February due to constraints caused by the Covid-19 outbreak that originated in China and has since spread to other countries including South Korea, Japan and Singapore, among others. / BLOOMBERG FILE PHOTO/CHUNG SUNG-JUN

U.S. business gauge posts first contraction since 2013 on virus

WASHINGTON – United States business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms...
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