2011/1/12

Fed Beige Book: Economic recovery in the job market is recovering moderately

The Fed on Wednesday released its latest Beige Book report. The report shows some signs that the U.S. job market may be recovered in the holiday shopping season, consumer spending and manufacturing growth to promote the U.S. economy in November and December last year, the growth, the U.S. company for its cautious outlook for 2011 optimism.

The report said: "Most of the area where the Fed is to some extent the job market seems to become stable, because the alleged activities of a number of moderate employment has occurred," or "is a series of industry plan."

Fed Beige Book report said the whole point of view, there is evidence that the U.S. economy at the end of moderate growth, mainly due to manufacturing, retail and non-financial services industry conditions improve. Report, including Atlanta and Chicago Federal Reserve Federal Reserve Federal Reserve, including the six areas were reported, its rate of economic growth in the region of "moderate"; including New York and Boston Federal Reserve Federal Reserve Federal Reserve, including the four areas were also reported that its where the region's economic situation has been "improved."

Fed in two other places, Minneapolis Federal Reserve reported that their region's economy "to continue its modest recovery process," reported the San Francisco Fed is the economic situation in their region, "further consolidated."