Wednesday, September 8, 2010

Fed survey: Slower growth spreads to more regions

The action in the various capital markets already reflect this weakness.

A new survey by the Federal Reserve finds the weakness spreading. Of the 12 regions tracked by the Fed, economic activity was mixed or slowed in five -- New York, Philadelphia, Richmond, Atlanta and Chicago. Activity elsewhere was described as modest or pointed to positive developments.

Source: finance.yahoo.com

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