The Louisiana legislative session is now approaching the home stretch with the budget that needs to be done and balanced before the legislators adjourn on June 2. The impression is that even legislators who are longing for a smaller government are frustrated that there is not enough money to spend.
A new bakery called Nothing Bundt Cakes – specializing in “modern Bundt cakes” – is holding grand opening festivities for its new location at
The Federal Reserve's Beige Book is out, featuring anecdotes collected by the Fed's regional banks.
" Contacts across Districts generally remained cautiously optimistic in their outlook for future economic activity, although many also noted an increase in uncertainty due largely to the federal government shutdown and debt ceiling debate," according to the report.
The Boston Fed reported, " Firms doing business with the government have been affected by the sequester; other firms are also concerned about potential effects of the government shutdown on consumer demand or broader economic effects of hitting the debt ceiling.