Fed Beige Book: Economic activity increased moderately

Market news

10 October 2012

Fed Beige Book: Economic activity increased moderately

Drought continues to affect some counties
Conditions in agriculture are inconsistent
Credit conditions have not changed
Total demand for loans remained unchanged or increased
Conditions in the industry are mixed, there is some improvement
Conditions in the commercial real estate contradictory
Conditions in the housing market showing widespread improvements
Active tourism is stable in most districts
Sales of cars, in general, stable
Consumer spending remained unchanged or increased slightly

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