July 31, 2003 10:14 AM

Fed notes uptick in economy
Posted by Douglas Eisenhartat 10:14 AM

From today's Boston Globe:

America's economy, which has been poking along, displayed fresh signs of gaining momentum in June and the first half of July, the Federal Reserve said yesterday in its latest snapshot of US business activity.
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The Fed's First District, headquartered in Boston and covering New England, gave a "somewhat upbeat" assessment of the New England economy, saying retailers were reporting strong demand for housing-related products even as other sectors like tourism remain soft.

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