They're not seeing growth in all of the twelve districts but half is a very nice start. If only the jobs would start forming but that will take a bit longer. Reuters:
Dallas, Boston, Cleveland, Philadelphia, Richmond and San Francisco noted gains. Other areas reported the economy was stable or showing signs of stabilization while St. Louis said the pace of economic decline appeared to be moderating.
"Most districts noted that the outlook for economic activity among their business contacts remained cautiously positive," the Fed's Beige Book survey said.
