Economy
December 4, 2019
Fed Beige Book Gives Economy a Positive Reading
Written by Tim Triplett
U.S. economic activity expanded modestly from October through mid-November and outlooks generally remained positive, according to the latest Beige Book Report from the Federal Reserve.
The Fed surveys the business community eight times each year to track economic conditions in its 12 districts. The Nov. 27 Beige Book Report documents stable to modestly growing economic activity in most parts of the country. Even in manufacturing, more districts reported an expansion in the current period than in the previous one, though the majority continued to experience no growth.
