3.05.2009

Fed survey finds economy is only getting worse

Nooooo h.

WASHINGTON — Dismal. Quite depressed. Very weak. Steep declines. Pronounced declines overall. The government’s latest report on the front lines of the economy is laced with the language of recession.

Almost every region of the country in the Federal Reserve survey released Wednesday reported the economic climate was not just bad but getting worse. Businesses said they expected no recovery until late this year at the earliest.

Read more @ Chron.com


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