NEW YORK, Dec 3 (Reuters) - A measure of the U.S. service sector slumped further than expected to a record low in November, according to a report released on Wednesday.
The Institute for Supply Management said its non-manufacturing index came in at 37.3 versus 44.4 in October.
The level of 50 separates expansion from contraction.
Economists expected a reading of 42.0, according to the median of 71 forecasts in a Reuters poll which ranged from 37.0 to 46.5.
The service sector represents about 80 percent of U.S. economic activity, including businesses such as banks, airlines, hotels and restaurants. (Reporting by Burton Frierson; Editing by James Dalgleish)