Boom in data centers and Defense sustains moderate growth of the American economy

According to the Federal Reserve's Beige Book, in the period from July to August, ten of the 12 districts of the central bank reported economic growth classified between slight and moderate. The moderate growth of the American economy is sustained by the boom in data centers and by the Defense sector. The Beige Book is a report published by the Federal Reserve that collects information about economic activity in the different regions of the United States. This document serves as a basis for the monetary policy decisions of the American central bank.