St. Louis Fed Sees Steady Improvement in Region’s Economy

Photo courtesy of Business Insider

Manufacturers, home builders and car dealers are doing well in the region covered by the St. Louis Federal Reserve Bank’s latest Beige Book report. The bank says overall economic growth in its district is “moderate,” the same adjective it used in its October report.

The latest report says manufacturers are adding jobs in plastics, poultry processing, aerospace and other industries. It says reports from the service sector, however, are “negative on net,” with layoffs in air transportation, sports, information, health insurance, health care and financial services.

Read more on St. Louis Post-Dispatch.

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