Confidence among U.S. consumers rose last week to its highest since early October, propelled by gains among almost every income group.
Chile’s economy grew at the slowest pace since July 2011 in October, the month before the central bank voted unanimously to cut interest rates for the second straight meeting.
Following is a summary of U.S. economic conditions as reported by the 12 Federal Reserve district banks in the central bank’s latest regional survey, also known as the Beige Book.
Services from banking to transportation grew more slowly in November, pointing to a U.S. economy that is making progress in fits and starts heading into the new year.
Gains in manufacturing, technology and housing fueled “modest to moderate” economic growth from early October through mid-November, the Federal Reserve said.
The following is the text of the Federal Reserve Board’s Ninth District -- Minneapolis.
The following is the text of the Federal Reserve Board’s Tenth District -- Kansas City.
The following is the text of the Federal Reserve Board’s Sixth District-- Atlanta.
The following is the text of the Federal Reserve Board’s Seventh District -- Chicago.
The following is the summary text of the Federal Reserve Board’s Summary of Commentary.
Morgan Stanley’s Zentner Sees Consumer `Divergence’
Kurtz Says China Hesitant to Spur Consumer Spending
Thwaites Says Sequester Will Hurt Consumer Spending
Rupkey Discusses Consumer Spending, Europe
David Semmens Sees Limit to U.S. Consumer Spending