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发表于 2010-7-28 12:06 PM
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(ZT) Beige Book
The Fed's latest Beige Book states that economic activity continued to improve in all twelve Fed Bank Districts. Today's report seems noticeably more positive than April's Beige Book. The areas of improvement were clearly more numerous than the negatives.
"Consumer spending and tourism activity generally increased. Business spending also rose, on net, with employment and capital spending edging up but inventory investment slowing. By sector, nonfinancial services, manufacturing, and transportation continued to gradually improve. Residential real estate activity in many Districts was buoyed by the April deadline for the homebuyer tax credit. Commercial real estate remained weak, although some Districts reported an increase in leasing. Financial activity was little changed on balance, although a few Districts noted a modest increase in lending."
The Atlanta District noted that activity was damped by the Gulf oil spill and by flooding in the Nashville area. |
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