- The economy continued to expand at a "moderate to modest" pace, according to the Fed's Beige Book report that's notably short on negative trends.
- Manufacturing continues to expand and managers are optimistic about the near-term. Retailers are positive about current activity (survey closed on Nov. 22) and "hopeful, but cautious" about the holiday season.
- A number of districts reported an easing in lending standards.
Beige Book focuses on positive signals
Dec 4 2013, 14:06 ET