WASHINGTON (Reuters) - Economic activity in the United States grew at a modest pace to moderate in recent weeks, thanks to a recovery in consumer spending, said Wednesday the Reserve Federal, suggesting that there is no real acceleration croissance.
In its "beige book" report on the latest developments in the economy, the Fed stands a table and cautiously optimistic for the current recovery, businesses and households are reluctant to take too many risks mainly because of budget uncertainties to Etats-Unis.
"The hiring plans are very timid to groups doing business with Europe or with the defense sector," said the central bank américaine.
"reports the 12 Federal Reserve Districts indicate that economic activity has increased since the last Beige Book (...)."
Alister Bull, Benedict Van Overstraeten for service français
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