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Virus resurgence deflates Texas economic rebound, Dallas Fed says

from Statesman

Virus resurgence deflates Texas economic rebound, Dallas Fed says Statesman As economic cycles go, the rebound in business activity ignited by efforts to open the Texas economy back up amid the coronavirus pandemic appears to be particularly fleeting. The Federal Reserve Bank of Dallas — in a report topped by an illustration of a car running off a road — recently described the rebound as stalled, saying solid initial gains in May and June have reversed course. READ MORE

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