The Traderszone Network

Published in TZ Latest News 14 October, 2015 by The TZ Newswire Staff

US growth ‘modest’, strong dollar weighs: Fed report

The strong dollar weighed on manufacturing and tourism spending in the US while the economy continued “modest” expansion in recent weeks, the Federal Reserve said in a report Wednesday. Eleven of the central bank’s 12 districts reported growth, according to the Beige Book survey of recent economic conditions.