Fed's Beige Book: "Most Districts indicated a modest or moderate pace of expansion"

Fed's Beige Book "Prepared at the Federal Reserve Bank of Dallas based on information collected on or before October 7, 2016. " Reports from the twelve Federal Reserve Districts suggest national economic activity continued to expand during the reporting period from late August to early October . Most Districts indicated a modest or moderate pace of expansion; however, the New York District reported no change in overall activity. Compared with the previous report, the pace of growth improved in the St. Louis, Kansas City, and Dallas Districts. Outlooks were mostly positive, with growth......(read more)

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