Beige Book signals modest US growth


The Federal Reserve System's latest Beige Book summary of the US economy, published on April 11, describes US growth as "modest to moderate".

The report is published eight times a year, and the latest edition offers a district-by-district summary of US economic conditions for the time period comprising mid-February to late March 2012.

A feature of the US economy in that period was the expansion of the manufacturing sector "in most districts", and high confidence levels in the future among those

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