By  on September 10, 2009

WASHINGTON — Back-to-school purchases helped improve sales for retailers in some parts of the country in late July and August, but most still reported weak volume, according to the Federal Reserve Board’s Beige Book released Wednesday.

Based on anecdotal reports from retailers, economic activity in the U.S. “firmed” toward the end of summer. Overall, the majority of the 12 districts in the Fed report said consumer spending was still soft, but stabilizing.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus