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Federal Reserve survey says growth slowed across the U.S.

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The economy in many parts of US worsened earlier this summer due to the signs of slowdown in manufacturing and the weak home sales. According to a Federal Reserve survey, seven out of twelve regions had reported a slower growth during summer as compared to the growth during spring. Four out of the remaining five reported modest growth and the fifth informed that its economy had been disrupted due to bad weather conditions.

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Fed: Growth Slows Across Much of the U.S.

Federal Reserve survey says growth slowed across the U.S. by
Authored by: Harrison Barnes