Fed Beige Book: The economy continues to grow at a moderate pace, with Dallas and New York...

|By:, SA News Editor
Fed Beige Book: The economy continues to grow at a moderate pace, with Dallas and New York noting a slight acceleration in activity. Particular strength is noted (across most Districts) in industries tied to residential construction and autos, while those in defense-related sectors reported weakness (sequester). Employment conditions are reported as unchanged to somewhat improved.