Fed's Beige Book notes signs of slowing

August 2012
Mortgage Banking;Aug2012, Vol. 72 Issue 11, p82
The article focuses on the "Beige Book" from the U.S. Federal Reserve districts, which indicates signs of slowing in economic activity in several districts from June to early July 2012. The "Beige Book" notes that expansion of economic activity in Cleveland, Ohio, New York, and Philadelphia, Pennsylvania districts continued at slower pace since the previous report. It adds that Atlanta, Georgia, San Francisco, California, and St. Louis, Missouri districts had the modest growth.


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