Fed reports widespread improvements in US economy

The Federal Reserve released its latest survey of "Current Economic Conditions", known as the Beige Book, on Wednesday 26 November. The report gave the most positive assessment of business activity since before the start of the 2001 recession and the lackluster recovery over the past two years. "Descriptions of the pace of growth varied somewhat," the Fed survey said. "But improvements seemed to be reasonably broadly based."

Source: Associated Press

A U.S. economic revival gained strength in Oc