Fed’s release Beige Book Report & Highlights KC
The report, which is derived from the 12 Federal Reserve Districts (DYK: Missouri is the only state in the country to have TWO districts?), indicated that the economy continued to expands from late November through the end of the year and that the outlook for 2018 remains optimistic. These reports indicate that some manufacturers increased capital expenditures and energy contacts described an uptick in activity. The report highlighted Kansas City for expansions in economic activity and employment as well as growth in manufacturing and energy sectors. Read the full report at https://www.federalreserve.gov/monetarypolicy/beigebook201801.htm.