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Old 09-08-2010, 01:20 PM  
onwebcam
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So much for recovery

Fed: 'Widespread signs' economy is slowing

Scenario: Double Dip Recession

NEW YORK (CNNMoney.com) -- The economy grew at a sluggish pace through the summer months, and there are now "widespread signs" that activity is slowing, the Federal Reserve said Wednesday in its latest snapshot of regional economic conditions.

Economic growth continued at a modest pace in 7 of the central bank's 12 districts, according to the September edition of the Fed's Beige Book, which is published eight times a year.


http://money.cnn.com/2010/09/08/news...oogle_business


I guess we need more stimulus and government employees.
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Last edited by onwebcam; 09-08-2010 at 01:24 PM..
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