According to a recent report that was issued by the U.S. Federal Reserve, economic recovery is considered to be on pace. The agency was certain to note that while recovery is coming along, that it’s at a snail’s pace, coining the current pattern as “moderate,” “modest” and “measured.” This comes …
Read More »Feds: Recent Economic Growth Mostly Attributed to Recovering Housing Market
The Federal Reserve released a report this week stating that U.S. economic expansion remained “moderate.” The Feds attribute most of the recent economic gains to the recovering housing market. “Most districts noted increases in manufacturing activity since the previous report,” the central bank said in its Beige Book business survey, …
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