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Last updateThu, 22 Aug 2019 5pm

Manufacturing & The Economy

Beige Book: Modest Growth Despite Widespread Trade Concerns

Economic activity continued to expand at a modest pace overall from mid-May through early July, with little change from the prior reporting period. The outlook generally was positive for the coming months, with expectations of continued modest growth, despite widespread concerns about the possible negative impact of trade-related uncertainty.

Manufacturing production was generally flat, but a few Districts noted a modest pickup in activity since the last reporting period.

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