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Beige Book finds construction still weak; wages cool; hiring up but outlook stays dim

Post Time:Sep 10,2010Classify:Industry NewsView:98

“Reports from the 12 Federal Reserve Districts suggested continued growth in national economic activity during the reporting period of mid-July through the end of August, but with widespread signs of a deceleration compared with preceding periods,” the Fed reported on Wednesday [Sept. 8]in the latest Beige Book, a summary of informal surveys of firms in each district (identified by its headquarters city, according to a Sept. 10 Data DIGest report.

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