The Federal Reserve regularly publishes a summary of economic activity in the 12 Federal Reserve Districts in the United States.
It is important to note that “This document summarizes comments received from businesses and other contacts outside the Federal Reserve and is not a commentary on the views of Federal Reserve officials.”
Much, if not most of the news was promising.
Summary highlights from this Beige Book 2013-01-16 are that:
• “Reports from the twelve Federal Reserve Districts indicated that economic activity has expanded since the previous Beige Book report, with all twelve Districts characterizing the pace of growth as either modest or moderate.”
• “All twelve districts reported some growth in Read the rest of this entry »
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