Fed Saw ‘Moderate’ Growth in Most of U.S.

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Jan. 15 (Bloomberg) -- The Federal Reserve said “moderate” growth across most of the country last month was buoyed by gains in holiday spending by consumers, an improving labor market and strength in manufacturing. Peter Cook reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Disappointing jobs report, the fed suggests we may still have reason to continue to taper their bond buying.

Reports from the 12 districts suggest economic activity continued to expand across most regions and sectors.

Two thirds noted an increase in hiring.

Nine districts said that the economy was growing at a moderate pace.

Conditions improved over the.

The outlook across the districts was genuinely -- generally positive.

They said the outlook was positive, with most reports setting expectations of more of the same.

Real estate continued to improve, although if you districts did report some slow growth in sales.

Most noted there was some small price gains and manufacturing continuoues to improve.

All but one district reported about growing sales and an optimistic outlook.

There was robust drilling activity in the atlantic.

No big changes -- no bank loan volume.

The fed prepares to change leaders at the end of the month.

Real estate related -- they

This text has been automatically generated. It may not be 100% accurate.


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