The Traderszone Network

Published in TZ Latest News 15 October, 2014 by The TZ Newswire Staff

U.S. economy growing at modest to moderate pace: Fed’s Beige Book

In its Beige Book report of anecdotal information on business activity collected from contacts across the nation, the central bank said the pace of economic growth appeared similar to that observed in its previous report released in early September. “Most Districts reported overall growth in consumer spending that ranged from slight to moderate,” the Fed said, saying their reports were generally in line with comments gathered in the prior Beige Book.