Fed's Beige Book: "Modest economic growth" in most Districts

Fed's Beige Book "Prepared at the Federal Reserve Bank of Minneapolis and based on information collected before May 23, 2016. " Information received from the 12 Federal Reserve Districts mostly described modest economic growth since the last Beige Book report . Economic activity in April through mid-May increased at a moderate pace in the San Francisco District, while modest growth was reported by Philadelphia, Cleveland, Atlanta, Chicago, St. Louis, and Minneapolis. Chicago noted that the pace of growth slowed, as did Kansas City. Dallas reported that economic activity grew marginally, while ......(read more)

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