08282016Sun
Last updateThu, 25 Aug 2016 4pm

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Manufacturing & The Economy

Fed Beige Book Finds “Modest To Moderate” Growth

Reports from the twelve Federal Reserve Districts indicate that overall economic activity continued to increase at a modest to moderate pace since the previous survey. Manufacturing expanded in most Districts since the previous report, with many Districts reporting increases in new orders, shipments, or production.

Manufacturing increased in most Districts since the previous survey. The exception was Kansas City, which noted a slight contraction, with storms retarding some activity. Most Districts reported stable or increasing new orders, shipments, and production.

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