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Fed survey finds economy slowing in some areas of country – Fox Business
The Fed’s 12 regions reported modest gains in economic activity in recent weeks
A Federal Reserve survey of U.S. business conditions has found modest economic gains at the start of the year, although some parts of the country saw slowdowns stemming from a renewed surge of COVID-19 cases.
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The Fed report released Wednesday said that the bulk of the Fed’s 12 regions reported modest gains in economic activity in recent weeks.
But three districts — New York, Philadelphia and Cleveland — said that activity had weakened. Two districts —…
