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Fed Says U.S. Economy Continued to Expand Across Most Regions
The US economy continued to expand from early October through mid-November with little inflation as retail sales, real estate markets and business service firms saw rising activity, a Federal Reserve survey showed. The Richmond and St Louis district contacts said softer vehicle sales might be attributed to uncertainty surrounding the presidential election. The Beige Book is a collection of anecdotes and information about economic conditions gathered by the regional Fed banks in their districts.
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