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The U.S. overall economy picked up momentum this month as corporations shook off the consequences of the pandemic-induced downturn, while recoveries in other components of the planet slowed, according to new surveys of acquiring supervisors.

The information unveiled Friday counsel U.S. firms are seeing demand from customers return as they reopen from the lockdowns imposed in the spring and early summer time. They also suggest the economic climate has so considerably managed to weather July’s sharp increase in new coronavirus infections and small business closures that threatened to knock the recovery off…

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