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Economy proceeding at modest pace: Beige Book
Marketwatch ^ | 10.19.11 | Greg Robb

Posted on 10/20/2011 7:37:19 AM PDT by Free Vulcan

The U.S. economy continues along about the same modest pace as seen in August, according to a report Wednesday summarizing information from contacts used by the Federal Reserve to measure the strength of the economy.

The economy was expanding, although many areas described the pace of growth as “modest” or “slight.” “Contacts generally noted weaker or less certain outlooks for business conditions,” the report said.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: bank; beige; book; fed
From yesterday. I prefer to call it 'dead in the water'.
1 posted on 10/20/2011 7:37:30 AM PDT by Free Vulcan
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To: Free Vulcan
bragging about an uptick in Auto sales

From 1963 to 2007 the Car industry sold over 16.5 Million New cars a year.

Now 11.5 Million cars is uptick?

2 posted on 10/20/2011 8:00:32 AM PDT by scooby321
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Weary But Not Beaten!


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Consider Becoming A Monthly Donor

3 posted on 10/20/2011 8:43:28 AM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Free Vulcan

By “modest” or “slight” does that they we can expect our ecomony to be moving again by 2035?


4 posted on 10/20/2011 9:15:01 AM PDT by Leep
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