Fed Sees Signs of Economy Picking Up

The pace of U.S. economic expansion has picked up in recent weeks, according to the Federal Reserve’s latest Beige Book report. Ten of the 12 Fed districts indicate that The activity has been expanding, while two — Boston and Cleveland — report mixed but steady levels of economic activity. The report covered a period from late August into early October.

The majority of the districts report a pickup in manufacturing activity, with several indicating significant improvement in a wide va

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