Federal Reserve Board - Beige Book, March 2006

The Federal Reserve published its March 2006 Beige Book survey on 15 March. U.S. economic activity increased across the country in January and February, with businesses feeling continued input cost pressures, the report said.

"Most districts characterized the pace of expansion as moderate or steady," the U.S. central bank said in its "beige book" summary of economic conditions.

Businesses reported pressures on input costs -- the costs of workers or materials needed for production -- and often

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