Federal Reserve reveals state of economy

Posted by Shawn Maclauchlan

RICHMOND, VA (WWBT) - A survey by the Federal Reserve this week shows the each of the 12 regions reported moderate improvements in growth.

Richmond's region described economic activity as mixed or steady.

Atlanta and Dallas suggested economic growth was slow.

The survey does not believe the economy is weakening but is growing too sluggishly to drive down high unemployment.

The economy has slowed down from just a few months ago.

In June, all 12 fed regions described their economies were growing.

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