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.
Do so-called “Religious Freedom” laws in place in some states impact how companies do business, and do you support them?
|I support them and don’t think they have any effect on how I do business||
|I don’t support them; they have a negative effect on businesses||
|I think more research should be done about these laws’ impact before they’re enacted||
|They’re horrible, an infringement on the rights of certain groups or individuals and shouldn’t be the law anywhere||
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