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Beige Book - April 2024
Overall economic activity expanded slightly, on balance, since late February. Ten out of twelve Districts experienced either slight or modest economic growth—up from eight in the previous report, while the other two reported no changes in activity. Consumer spending barely increased overall, but reports were quite mixed across Districts and spending categories. Several reports mentioned weakness in discretionary spending, as consumers’ price sensitivity remained elevated. Auto spending was buoyed notably in some Districts by improved inventories and dealer incentives, but sales remained sluggish in other Districts. ... (full story)
Added at 2:01pm
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Fed Beige Book: Overall Economic Activity Expanded Slightly, on Balance, Since Late February.
— DB News TradFi (@DBNewswire) April 17, 2024
Fed Beige Book: the Economic Outlook Among Contacts Was Cautiously Optimistic, on Balance.
Fed’s Beige Book: Employment Rose at a Slight Pace Overall
Added at 2:07pm
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FED'S BEIGE BOOK: TEN OF 12 FED DISTRICTS REPORTED SLIGHT OR MODEST GROWTH.
— FinancialJuice (@financialjuice) April 17, 2024
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- Posted: Apr 17, 2024 2:00pm
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