Beige Book shows plenty of positive economic news

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WASHINGTON (MarketWatch) — The Federal Reserve on Wednesday said the economy continued to expand at the same “modest to moderate pace” it has seen over most of the past year, though the details of the latest so-called Beige Book report show plenty of positive news with scarcely any negative developments.

According to the report, manufacturing continued to expand and plant managers were optimistic about the near term.

See external link to the Beige Book report.

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