06222018Fri
Last updateFri, 22 Jun 2018 2pm

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Manufacturing & The Economy

Fed Beige Book Reports Less Optimism in Some Regions

Most of the twelve Federal Reserve Districts reported that their economies continued to expand at a modest or moderate pace from early April through late May. The majority of Districts continued to report moderate growth in manufacturing activity and in most nonfinancial service sectors. Most energy sectors tended to modestly improve. A majority of Districts reported that firms expressed positive near-term outlooks; however, optimism waned somewhat in a few Districts. 

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