Economic activity grew at a modest pace in the final weeks of 2021 as many parts of the country reported constrained growth due to supply chain disruptions and labor shortages, according to the Federal Reserve’s first Beige Book release of the year.
Economic activity grew at a moderate pace from early October to mid-November, but some parts of the country reported constrained growth, despite strong demand due to supply chain disruptions and labor shortages, according to the Federal Reserve’s eighth Beige Book release of the year.
Economic activity grew at a modest to moderate rate from August to early October, but in some parts of the country growth slowed due to supply chain disruptions, labor shortages and uncertainty around the Delta variant of COVID-19, according to the Federal Reserve’s seventh Beige Book release of the year. The report was based on information collected through Oct. 8.
Economic growth slowed slightly to a moderate pace from early July to August, as dining out, travel and tourism declined due to safety concerns around the rise of the COVID-19 Delta variant, according to the Federal Reserve’s sixth Beige Book release of the year.
The economy strengthened further from May to early July, displaying moderate to robust growth with bank lending activity increasing slightly or modestly in most parts of the country, according to the Federal Reserve’s fifth Beige Book release of the year. The report was based on information collected through July 2.
Economic activity expanded at a moderate pace from early April to late May, at a somewhat faster rate than the prior reporting period as consumer spending strengthened due in part to increased COVID-19 vaccinations, according to the Federal Reserve’s fourth Beige Book release of the year. The report was based on information collected through May 25.
Economic activity accelerated at a moderate pace from late February to early April as consumer spending strengthened due in part to increased COVID-19 vaccinations, according to the Federal Reserve’s third Beige Book release of the year.
Economic activity expanded modestly for most Districts as the COVID-19 vaccine distribution has raised business…
Economic activity rose with all Districts reporting increased activity, but remained well below pre-pandemic levels…