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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (108854)7/27/2011 2:23:15 PM
From: FJB  Read Replies (1) | Respond to of 224750
 
Fed survey: Growth slows across much of the US Fed survey: Growth slows in nearly half the US, due to weakness in housing and manufacturing

On Wednesday July 27, 2011, 2:06 pm
WASHINGTON (AP) -- The economy worsened in about half the country earlier this summer because of weak home sales and signs of a slowdown in manufacturing.

A Federal Reserve survey says seven of the Fed's 12 bank regions reported slower growth in June and early July compared with the spring. That's a worse showing than in the previous survey.

Of the remaining five districts, four reported modest growth. A fifth, the Minneapolis district, said its economy was disrupted by bad weather and the shutdown of Minnesota's state government.

The job market remained weak in most districts, the report said. Employers added few jobs in June, the government said earlier this month.