WASHINGTON (MarketWatch) -- The Institute for Supply Management said its September services index decelerated slightly to 53.0% from 53.3% in August. Any reading over 50% indicates expanding activity, and the reading came in marginally above the MarketWatch-compiled economist survey of 52.7%. The new-orders index increased by 3.7 percentage points to 56.5%, but the employment index decreased 2.9 percentage points to 48.7%, indicating contraction in employment after 12 consecutive months of growth.
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