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US economy keeps up momentum: Beige Book

Some weaknesses noticed, such as stronger dollar curbing exports

UPBEAT: Car sales increased in almost all districts, as did tourism.


THE US economy grew during May and June, keeping up momentum after the first quarter's stall, the Federal Reserve's Beige Book survey said on Wednesday.

All 12 of the central bank's districts indicated that economic activity expanded, with growth characterised as "modest...

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