WASHINGTON: ‘ Federal Reserve Says Economy Keeps on Growing But They Do Not Say Deeper in Debt ‘

#AceSalesNews – UNITED STATES – Dec.03 – In its anecdotal Beige Book report, the Federal Reserve said the economy continued to expand over the last two months, with employment and consumer sentiment showing gains in most districts Fox Business News reported.

Meanwhile, the central bank said natural resource activity was overall strong, though the recent drop in oil prices weighed on some drilling activity outlook.

#AceFinanceNews: Last week, total US debt was a meager $17,963,753,617,957.26. Two days later, as updated today, on Black Friday, total outstanding US public debt just hit a new historic level which probably would be better associated with a red colour: as of the last work day of November, total US public debt just surpassed $18 trillion for the first time, or $18,005,549,328,561.45 to be precise, of which debt held by the public rose to $12,922,681,725,432.94, an increase of $32 billion in one day.