Beige Book Out….Fed Banks: ‘Widespread Signs of a Deceleration’ In Economy
thestatedtruth.com | September 8, 2010
The Federal Reserve said the U.S. economy maintained its expansion while showing “widespread signs of a deceleration†in mid-July through the end of August, according to a survey by 12 regional Fed banks. The New York Fed reported “signs of decelerating†in the district, including “further deceleration†in manufacturing. The Philadelphia region said business conditions […]