By Rex Nutting, MarketWatch
Growth was robust in November in the U.S. nonmanufacturing sectors, the Institute for Supply Management said Monday.
The ISM nonmanufacturing index fell to 58.5% in November from 60% in October, the private group said.
The index was “high by historical standards and at a level consistent with a solid pace of economic growth,” said Michael Moran, chief economist for Daiwa Securities America.
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