Fed's Beige Book Points To Pick-up In U.S. Growth

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Fed's Beige Book Points To Pick-up In U.S. Growth

by Wochit 0:32 mins

Fed's Beige Book Points To Pick-up In U.S. Growth

by Wochit 0:32 mins

The Federal Reserve said on Wednesday, Economic growth strengthened throughout the country with a broad pick-up in manufacturing, "brisk growth" at some shipping ports and steady consumer spending. The central bank's Beige Book of anecdotal economic reports from around the country noted modest to moderate growth in all 12 Fed regions, a positive change from the April document when some parts of the country were still struggling through severe winter weather.

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