Beige Book: ‘Tentative signs of stabilization’ in region’s economy - Denver Business Journal:: "Economic conditions “continued to decline in March, but showed some tentative signs of stabilization” in a seven-state region that includes Colorado, the Federal Reserve said Wednesday in its latest Beige Book survey of business executives.And from Seeking Alpha's morning email,
It said that fewer businesses in the region were expecting further declines in economic activity."
Beige book: slowdown starts to moderate. The Federal Reserve's Beige Book reported overall economic activity either contracted or remained weak. However, "five of the twelve Districts noted a moderation in the pace of decline, and several saw signs that activity in some sectors was stabilizing at a low level." The overall takeaway is that the economy is getting worse, but more slowly.