Federal Reserve Beige Book: High oil prices have impacted all 12 U.S. Federal Reserve districts, with businesses forecasting further price increases.

The Federal Reserve’s latest Beige Book indicates that the U.S. economy overall remains in growth, though most sectors are seeing sluggish expansion. Among the 12 Federal Reserve districts, two reported moderate economic growth, three saw slight growth, four noted modest expansion, and three remained flat. Manufacturing performed relatively strongly, but consumer spending in most districts saw little change; more than half of the districts reported that consumption was primarily driven by high-i

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