Fed reports modest improvement in Midwest economy
On April 11, 2012, the Federal Reserve released its latest Beige Book report on current economic conditions. The report indicated modestly improving conditions in the Midwest, according to The Business Courier. While hiring across all industries remains at low levels, the slight improvement in economic conditions from mid-February to late March can be attributed to the fact that “manufacturing and other industries continued to trend slightly upward,” the article said.
For more, read the Fed’s Beige Book report and The Business Courier article.
