Market news
14.04.2016, 08:11

Beige Book: the U.S. economic activity continues to expand across districts

The Fed released its Beige Book on Wednesday. The central bank said that the U.S. economic activity continued to expand in late February and March across districts.

The economy expanded modestly or moderately in most districts, the Fed said.

The Fed noted that consumer and business spending rose, the labour market continued to strengthen, while prices increased modestly across the majority of districts.

Manufacturing and construction activity rose in most districts in late February and March.

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