Fed's Beige Book: "Economic activity expanded in most Districts"

Fed's Beige Book "Prepared at the Federal Reserve Bank of Kansas City and based on information collected before February 22, 2016." Reports from the twelve Federal Reserve Districts continued to indicate that economic activity expanded in most Districts since the previous Beige Book report. Economic growth increased moderately in Richmond and San Francisco and at a modest pace in Cleveland, Atlanta, Chicago, and Minneapolis. Philadelphia reported a slight increase in economic activity, and St. Louis described conditions as mixed. Most contacts in Boston cited higher sales or revenues than a......(read more)

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