Fed survey finds further slowing of the economy

USA - Contradicting growing confidence elsewhere that the recession is bottoming out, a Federal Reserve survey found more signs of further slowing than of recovery.

"Economic activity generally remained soft in October and the first half of November, with evidence of additional slowing in most regions outweighing signs of recovery in a few districts," the Fed's "beige book," a report on economic conditions throughout its 12 reserve districts, said.

The report appears to add to the likelihood

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