U.S. Fed’s Beige Book Says Economy “Generally Weak” With 7 Districts Slowing

Economic conditions across the United States remain “generally
weak
” in the Fed’s Beige Book covering April and May, yet only
seven of the 12 districts describe conditions as “sluggish” or “soft,”
compared to nine in the preceding report, while the remaining five
described

conditions as “stable” or “little changed.”

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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