Fed: New England economy expanded at modest to moderate rate in Aug., Sept.

BUSINESS ACTIVITY in New England expanded at a modest to moderate rate in August and September, according to the Federal Reserve's most recent Beige Book report that surveys business contacts in the region.
PROVIDENCE – Economic activity in New England expanded at a modest to moderate pace in August and September, according to the Federal Reserve’s Beige Book survey report released Wednesday. The report, which surveys business contacts around the country, said that wages in New England increased moderately as firms competed over scarce workers. Business contacts reported…

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