Thursday, September 09, 2010

Federal Reserve Bank's Beige Book - August 2010
"Consumer spending appeared to increase on balance despite continued consumer caution that limited nonessential purchases, while activity in the travel and tourism sector picked up relative to seasonal norms. Activity was largely stable or up slightly for professional and other nonfinancial services. Reports on manufacturing activity pointed to further expansion, although the pace of growth eased according to several Districts."
@ Federa Reserve Bank

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