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Manufacturing & The Economy

Beige Book: Manufacturers Concerned Over Tariffs

Reports from the Federal Reserve Districts suggested that the economy expanded at a moderate pace through the end of August. Manufacturing activity grew at a moderate rate in most districts, though St. Louis described business as little changed and Richmond reported a decline in activity. Businesses generally remained optimistic about the near-term outlook, though most districts noted concern and uncertainty about trade tensions--particularly though not only among manufacturers. 

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