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Connecticut Economy Mixed Amid COVID-19 Crisis

Image by David Schwarzenberg from Pixabay

The Federal Reserve’s latest report has given Connecticut’s economy a mixed review as the nation continues to bounce back from the disruptions caused from the COVID-19 pandemic.

The latest summary report of economic conditions by the Federal Reserve, known as the “Beige Book,” stated that some sectors in the state are doing well, while others continue to feel the effects from the pandemic.

The report saw the state experience strong automobile sales through the summer while an unnamed furniture retailer also experienced a sharp increase in sales.