U.S. economy grew ‘modestly’ in September: Fed

By Agence France-Presse
Wednesday, October 10, 2012 15:42 EDT
BenBernanke enlarged via afp
 
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The US economy grew “modestly” in September despite weak momentum in consumer spending, a Federal Reserve report published Wednesday showed.

In its report known as the Beige Book, based on anecdotal information, the Fed said it was told “that economic activity generally expanded modestly since the last report” six weeks ago.

 
 
 
 
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