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Manufacturing & The Economy

Beige Book: Modest to Moderate Growth Prevalent Across U.S.

According to the Federal Reserve Beige Book, reports from the 12 districts indicated that the economy continued to expand from late November through the end of the year, with 11 districts reporting modest to moderate gains and Dallas recording a robust increase. The outlook for 2018 remains optimistic for a majority of contacts across the country.

In general, manufacturing respondents continued to have a broadly positive outlook. No contacts expected the just-passed tax reform package to have a big effect on investment. 

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