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Latest Fed survey sees improved economy

July 17, 2014

WASHINGTON - The economy kept expanding in all regions of the country in June and early July, helped by strength in consumer spending, a Federal Reserve survey released indicates. All 12 of the Fed's regions reported growth with five - New York, Chicago, Minneapolis, Dallas and San Francisco - characterizing growth as "moderate" while the others reported "modest" growth. Boston and Richmond reported that growth came in at a slightly slower pace than the previous reporting period.



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