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US Beige Book - August 2025
Most of the twelve Federal Reserve Districts reported little or no change in economic activity since the prior Beige Book period—the four Districts that differed reported modest growth. Across Districts, contacts reported flat to declining consumer spending because, for many households, wages were failing to keep up with rising prices. Contacts frequently cited economic uncertainty and tariffs as negative factors. New York reported that “consumers were being squeezed by rising costs of insurance, utilities, and other expenses.” Contacts observed the following responses to the consumer pullback. Retail and ... (full story)
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The Fed Beige Book: Most of the twelve Federal Reserve districts reported little or no change in economic activity since the prior beige book period—the four districts that differed reported modest growth.
— FinancialJuice (@financialjuice) September 3, 2025
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Fed Beige Book: Most firms either reported little to no change in optimism or expressed differing expectations about the direction of change from their contacts.
— FinancialJuice (@financialjuice) September 3, 2025
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