Vol. 20, No. 22 A Newspaper of General Circulation June 2, 2020
 
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Fed says businesses less optimistic about economy
Businesses across the country surveyed by the Federal Reserve don’t appear optimistic about a rapid economic recovery starting this summer. The Federal Reserve released a report that draws on business contacts from the central bank’s 12 regions and details the economic damage in April and May, as measures to combat the spread of the coronavirus outbreak took hold. “Although many contacts expressed hope that overall activity would pick up as businesses reopened, the outlook remained highly unce...more for subscribers.
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