The Federal Reserve reported that the slow growth of the U.S. economy

The country's economic situation survey report released by the U.S. Federal Reserve Board, in January of this year to early February, the U.S. economy continues to grow at a "slow to moderate" pace.

This is referred to as the "Beige Book" report, the Fed judgment of the overall economic situation in the United States and a report in the keynote similar.

Compiled from reports released that day according to the latest findings of the 12 regional Reserve Bank of the U.S. Federal Reserve belongs. The Fed said, although there are several areas of the retail industry slowdown in the pace of expansion, the nation's most personal consumption continues to grow. Consumer spending accounts for 70% of the U.S. gross domestic product, is the main engine of economic growth in the United States.

The report shows that the nation's most robust auto sales, demand of science and technology and other service enterprises, tourism performance boost of more than one region; Although parts of the recruitment program momentum weakened job market in most regions of the nation continued to improve.

The report also pointed out that, despite the recent part of the raw material prices, overall inflation pressure is moderate; most of the residential real estate continued to improve parts of the commercial real estate situation boost.

Fed released eight times a year "Beige Book", through the the region Reserve Bank on the nation's economic situation thoroughly. The report is an important reference for the regular meeting of the Fed's monetary policy decisions. Fed next monetary policy decision-making regular meeting will be held on March 19 to 20