Fed Beige Book Reports Some Positive Signs

In most parts of the country, regional economies are on the rise due to improving home sales and improvements in manufacturing. Changes in economic conditions have led Ben Bernanke to say that the recession is probably over. However, other aspects of the economy do not guarantee this. For example, the Beige Book report says that businesses are still heavily relying on government spending. While there are many positive signs, not all aspects point to a rapid recovery.