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Business

US service firms grow by most in 10 months

WASHINGTON — A gauge of US service firms’ activity expanded in December by the most in nearly a year, driven by a jump in new orders and hiring.

The Institute for Supply Management said Friday that its index of nonmanufacturing activity rose to 56.1 in December from 54.7 in November. That is the highest level since February and above the 12-month average of 54.7. Any reading above 50 indicates expansion.

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