Fed's Beige Book: "Economic activity increased at a modest pace"

Fed's Beige Book "Prepared at the Federal Reserve Bank of Richmond and based on information collected before November 20, 2015. " The twelve Federal Reserve District reports indicate that economic activity increased at a modest pace in most regions of the country since the previous Beige Book report. Economic growth was modest in the Districts of Cleveland, Richmond, Atlanta, Chicago, St. Louis, Dallas and San Francisco. In the Minneapolis District the economy grew moderately, while in the Kansas City District growth was steady on balance with mixed conditions across sectors. In the New York......(read more)

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