Fed: While Washington fumbled, U.S. economy churned on

10/16/2013 | Bloomberg

Eight of 12 U.S. Federal Reserve districts reported steady but modest economic expansion even as the U.S. government was in turmoil and only semi-functional, according to the latest Beige Book report. However, many of those surveyed reported "an increase in uncertainty" attributable largely to the federal government shutdown and debt-ceiling debate, the Fed said.

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