The Federal Reserve’s Beige Book doesn’t shed much new light on where things are headed.
The latest report from the Fed finds the economy expanding at a modest or moderate pace.
Eight of the bank presidents characterize their region’s economic growth as “moderate” in July and August, while three others edgily call growth “modest.”
It may not be a “recovery summer” but the Federal Reserve’s Beige Book shows broad but measured growth across many industries and areas of the country.
The Fed’s latest snapshot of economic activity around the country hints at signs of a slowdown.
The upcoming employment report for May is expected to look very much like the one for April.
Recent economic reports haven’t confirmed fears of an abrupt spring slowdown.
The Beige Book reports moderate economic growth across the country. That’s actually an improvement from the modest growth reported previously.
The final Beige Book for the year was released today by the Federal Reserve. It showed modest growth in various industries across the country and some slowing.
The most recent Beige Book from the Federal Reserve shows economies modestly improving across the country. Learn more at Bankrate.com.