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April 2016 Beige Book: Reading Between The Lines – The Economy Improved A Little.
Wednesday, April 13, 2016 11:17
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Written by Steven Hansen
The consolidated economic report from the 12 Federal Reserve Districts (Beige Book) shows the economy “continued to expand in late February and March, though the pace of growth varied across Districts“. The previous report said “that economic activity expanded in most Districts since the previous Beige Book report”. My interpretation is that the Fed is saying the rate of economic expansion has improved since the last report.
Source: http://econintersect.com/pages/releases/release.php?post=201604131308
