Posted AT 2:35 PM EST on 03/09/08
Fed report cites slowing economy
WASHINGTON The United States struggled with slow economic growth and still-high prices that are weighing on consumers and businesses alike as the race for the White House kicks into high gear.
The Federal Reserve's new snapshot of business conditions, released Wednesday, underscored the toll the housing, credit and financial debacles are having on the economy and the challenges likely to be faced by the next president.
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