The U.S. service sector, the biggest contributor to the country’s GDP by far, continued its recovery from the adverse effects of the COVID-19 pandemic in the second quarter of 2021. That’s according to advance estimates from the U.S. Census Bureau’s latest Quarterly Services Report, which indicates that services revenue increased by 4 percent on a seasonally adjusted basis, reaching $4.37 trillion in the three months ended June 30.
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