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wstera2

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wstera2

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Re: Zeev Hed post# 83263

Wednesday, 03/05/2003 2:08:33 PM

Wednesday, March 05, 2003 2:08:33 PM

Post# of 704019
14:08 ET Fed's Beige Book : The Beige Book's report on current economic conditions notes subdued activity as only a few districts saw change since the last report. Consumer spending was weak and business investment was soft. Manufacturing was weak but half of the districts saw improvement. The labor market continues to struggle as business remains cautious. Residential construction is strong as weak commercial spending and tighter business loan standards continue to leave consumers at the economic steering wheel.


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