There is still between the moderate and the moderate level of economic growth in the United States, the role of the Federal Reserve holding the Federal Reserve (Fed) on Wednesday night released "Beige Book", which summarizes the 12 member banks of the Fed's periodic heating evaluation of the economic situation.
The Fed reported that employment increased in some parts of the United States in October and early November. The report can be read, the Fed expects to increase the number of workers experienced in October in November will be felt. It shall then be able to be specific about but only after the government unemployment report on Friday. The Fed's 7.2 percent unemployment count.
Wednesday's report said the area five member banks to accelerate employment growth, while the others remained stable. The data suggest heating that the Fed is getting closer to you take to reduce its monthly $ 85 billion bond purchase program.
The Fed is under appreciated by the automotive and electronic device manufacturing, and labor brokers were more optimistic than before. In the retail sector traders cautiously optimistic about the festive season in October and November was favorable to private consumption.
The Fed according to the situation of the banking sector is stable, increasing the demand for loans, and also easier to get a loan. However, the U.S. government partial shutdowns in October had negative consequences, such as the tourism industry.
The housing market has become popular in apartments, heating family homes sales were dropped due to seasonal factors. However, the housing market as a whole is still in a better position than a year ago.
Inflationary pressures are not significant, but more to the firm Fed has indicated its concern about the transformation heating of the American health insurance system because they fear that this will increase the costs.
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Minus New York
Monday, 18 November heating 2013
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