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U.S. growth stays moderate during shutdown

Manufacturing strengthened in most districts, helped by more production of cars, trucks and high-tech products.

By Martin Crustsinger | Updated on December 04, 2013

WASHINGTON (AP) — A Federal Reserve survey released Wednesday found that the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November.

The Fed said seven of its 12 banking districts described growth as moderate. Four — Philadelphia, Chicago, Kansas City and San Francisco — said growth was modest. Boston said its regional economy continued to expand.

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