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The U.S. economy isn’t technically in a recession, but a close look at how regional economies are faring indicates that as we head into Memorial Day weekend, the nation may be headed toward a downturn.
The Federal Reserve found
in its latest survey on the nation’s economy that growth in four of the bank’s 12 districts were contracting in April and three others had flat growth. Only five reported growth, and it was slow.
This post was originally published on Market Watch
