The U.S. economy "expanded modestly" in late August and September, with housing becoming a bright spot and manufacturing somewhat improved, the Federal Reserve said Wednesday in its Beige Book report on economic activity. The report showed that 10 of the 12 Fed districts reported modest growth. Only the New York and Kansas City districts saw a leveling off or slowing growth. This is up from nine districts experiencing "modest" or "moderate" growth in the previous Beige Book. The report was based on information collected on or before Sept. 28
These fools would tell you its sunny and 90 degrees out, while you are outside shoveling snow.
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