Beige Book signals modest US growth

beige-book

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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