Wednesday, June 13, 2007

UPDATE 2-Fed's Beige Book: US economy expanded through May

(Reuters) - WASHINGTON, June 13 - U.S. economic activity
expanded from mid-April through May, with a number of areas
reporting stronger growth, the Federal Reserve said on
Wednesday.




Seven of the 12 Fed districts described growth as modest or
moderate, while the others reported growth as moderately
strong, edging up, or somewhat faster than in recent months,
according to the Fed's Beige Book summary of anecdotal economic
conditions.


Read more at Reuters.com Bonds News

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