Fed's Beige Book charts modest growth increase

The latest edition of the Federal Reserve's Beige Book, published on Wednesday, suggests a slowdown in the pace of growth during November and December.

The Beige Book, a summary of comments from business in the 12 Fed districts, reports that there was a slight increase in activity in seven of the 12, mixed conditions in two and a fall in three.

The New York, Richmond and Dallas Feds reported a drop in economic activity. Boston and Atlanta said conditions were mixed. Philadelphia, Cleveland

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