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Business

New England economy growing, but hiring lags

But region’s firms are hopeful, survey says

New England business revenues are on the upswing, but an uncertain economic and political outlook has stopped many employers from hiring, according to a survey released by the Federal Reserve. “With the exception of software and [Information Technology] services, contacts say their firms are doing mostly replacement hiring,’’ the survey found. Known as the Beige Book, the survey is published eight times a year in advance of the Fed’s interest rate setting meetings. Fed policy makers meet Dec. 13.

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