Meh: Fed Beige Book offers tepid view of the economy

April 15, 2015 7:55 PM

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Meh: Fed Beige Book offers tepid view of the economy

Federal Reserve officials painted a mostly uninspiring picture in their latest economic assessment, calling growth overall "slight" or "moderate" across most of the country.

Overall, the Fed's 12 districts did report strength in real estate and housing. However, manufacturing in recent days has been "weak" and retail sales "mixed," according to the latest Beige Book account.

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