Fed's Beige Book: Modest improvement since last report, with eight of 12 districts reporting...

|By:, SA News Editor
Fed's Beige Book: Modest improvement since last report, with eight of 12 districts reporting improved conditions and four little changed or mixed. Consumer spending up moderately and residential real estate somewhat improved, led by low end. CRE and construction activity "very weak and, in many cases, deteriorating." Labor market remains weak.