U.S. service sector index hits record high in October; shortages worsening – ISM survey

WASHINGTON (Reuters) – A measure of U.S. services industry activity surged to a record high in October likely as declining COVID-19 cases boosted demand, but businesses remained burdened by snarled supply chains and the resulting exorbitant prices.

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U.S. service sector index hits record high in October; shortages worsening – ISM survey

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