Fed Beige Book Shows ‘Mostly Positive’ Outlook for U.S. Economy

The U.S. economy maintained a steady growth pace between late August and early October, as a tight labor market with nascent wage pressures contributed to a “mostly positive” outlook, a report from the 12 Federal Reserve districts showed.

"Most districts indicated a modest or moderate pace of expansion,” according to the Fed’s latest Beige Book, an economic survey by reserve banks. “Outlooks were mostly positive, with growth expected to continue at a slight to moderate pace in several districts.”...
http://www.bloomberg.com/news/articles/2016-10-19/fed-beige-book-shows-mostly-positive-outlook-for-u-s-economy?cmpid=GP.HP