Fed Says Economy Grew `Moderately' Amid Strong Manufacturing
An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Fed Says Economy Grew `Moderately' Amid Strong Manufacturing

(Bloomberg) -- The U.S. economy expanded moderately through much of April and May, a subtle upgrade from previous periods, with little indication of overheating, a Federal Reserve survey showed.
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