Federal Reserve Beige Book: Economic activity continues to expand, with small growth in most regions
2024-05-29 18:29:51
The Federal Reserve Beige Book shows that economic activity across the country continued to expand from early April to mid-May, with small increases in most regions; however, the situation varied across industries and regions; the overall outlook became more pessimistic in reports of rising uncertainty and increased downside risks; prices rose moderately during the reporting period; retail sales data pointed to a decline in discretionary spending.
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