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…
Economic growth was highest among the Dallas, Richmond, and San Francisco districts according to the Fed’s latest Beige Book release.
Economic activity continued to expand in late January and February, with ten Districts reporting slight-to-moderate growth, and Philadelphia and St. Louis reporting flat economic conditions, according to the just-released Federal Reserve Beige Book. The report was based on information collected through February 25th. About half of the Districts noted that the government shutdown had led