U.S. Economic Growth Picks Up Slightly But Remains Moderate: Services Index Hits 4-Month High
• U.S. economy expanded at a relatively subdued pace in early November per S&P Global data
• S&P Global “flash” U.S. services index rose to 50.8 in November from 50.6 in October
• Highest services index level in 4 months
• Reading was higher than economists' forecast of 50.2
• Data shows continued but slow economic growth