So says the Federal Reserve in its Beige Book snapshot of activity across its 12 districts.

Phrases like signs of deceleration and continued consumer caution littered the central banks summary, which did little to convince the market to be hopeful for anything better than a mediocre recovery..

Source: http://blogs.forbes.com/steveschaefer/2010/09/08/fed-tells-same-old-story-but-autos-look-ok/?boxes=Homepagechannels