Business contacts downbeat in latest Fed report – Beige Book
by Tom on December 3, 2008
in Market Musings
Business contacts told the Federal Reserve that economic conditions weakened across all of the bank’s 12 regions from mid-October through the end of November, according to a survey released by the central bank on Wednesday. The details of the survey generally match recent poor economic data
Business contacts downbeat in latest Fed report – MarketWatch.
There’s no surprise in this report, but it does reinforce what’s happening in the economy.
More later.
