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U.S. Service Sector Shrinks in May 2025: First Contraction in Nearly a Year Amid Trade War Fallout

U.S. Service Sector Shrinks in May 2025: First Contraction in Nearly a Year Amid Trade War Fallout

The U.S. service sector, which accounts for over two-thirds of the nation’s economic activity, contracted in May 2025 for the first time since June ...

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