Central Banking

Federal Reserve Beige Book, June 2002

REPORT - The Federal Reserve has issued the Beige Book for June, which states that overall economic activity expanded at a moderate pace in late April and May. The tone was one of modest but uneven growth, with some major sectors showing signs of improvement while others softened or remained weak.

Summary

Prepared at the Federal Reserve Bank of Atlanta and based on information collected before June 3, 2002. This document summarizes comments received from businesses and other contacts outside the

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