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General consumer spending grew in most districts according to Sept. Beige Book
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Industry News, Market Data
Thursday, September 4, 2014
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Reports from the 12 Federal Reserve Districts indicated that economic activity has expanded since the previous Beige Book report; however, none of the Districts pointed to a distinct shift in the overall pace of growth.
The New York, Cleveland, Chicago, Minneapolis, Dallas, and San Francisco Districts characterized their growth rates as moderate; Philadelphia, Atlanta, St. Louis, and Kansas City reported modest growth, a step below/above moderate.
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