Federal Reserve's Beige Book Shows Growth Slowing in Some Key Electrical Sectors

The Federal Reserve's latest collection of anecdotal observations on business conditions throughout the United States found the economy continuing to grow gradually in July and August but at a slower pace across most business sectors and geographic regions.

Six of the central bank's 12 districts indicated the local economy continued to expand at a modest pace and another three cited moderate growth. Among the latter, Chicago noted that the pace of growth had slowed from the prior peri

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