Current Issue

Economic growth at moderate pace —Fed 'Beige Book'

Comments Email

PHILADELPHIA (Sept. 4, 2014) — U.S. economic activity expanded in August compared with July, but the general pace of growth is still moderate, the Federal Reserve’s latest “Beige Book” stated.

Consumer confidence, consumer spending and tourism were up in most of the 12 Federal Reserve districts, according to the document issued Sept. 3.

Boston and Richmond reported strengthened business activity, while Dallas and Philadelphia noted record-high levels for auto sales, the report said.

Activity among non-financial service sectors showed overall improvement, but manufacturing was mixed, the report said.

The Beige Book is compiled every month by a different Federal Reserve district bank, using data from sources outside the Fed. The current report was compiled by the Federal Reserve Bank of Philadelphia.

More Polls>

TB Reader Poll

Previous | Published March 24, 2017

What do you think of the Republicans' health care plan?

I'll wait to see how much it costs.
12% (30 votes)
Anything is better than Obamacare.
21% (53 votes)
They should just improve the existing ACA plan.
38% (95 votes)
Get rid of the entitlement altogether.
19% (47 votes)
The Affordable Care Act is fine the way it is.
9% (23 votes)
Total votes: 248
More Polls »