WASHINGTON -- Manufacturing activity increased in all sections of the country during May and June, and loan demand was up slightly as well, according to the Beige Book, the Federal Reserve System's regional summary of economic activity.

The report, which is based largely on anecdotal information, confirms that a recovery is under way, albeit weakly.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.