US QSS: selected services total revenue for Q4USD 6,163.5bln, +0.8% Q/Q, +6.7% Y/Y
Context
The latest data on selected services total revenue in the US for Q4 shows a quarterly increase of 0.8% and a year-on-year rise of 6.7%. These figures indicate robust growth in the services sector, which could reinforce a positive sentiment about consumer spending and overall economic resilience, potentially impacting future monetary policy considerations.
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