| News Tipoffs - Rhode Island Editors Newsletter for Saturday July 20, 2024 ( 1 items ) |
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Federal Reserve Bank of Boston Issues Beige Book on July 17, 2024
WASHINGTON, July 19 (TNSres) -- The Federal Reserve Bank of Boston issued the following Beige Book on July 17, 2024:
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Summary of Economic Activity
Business activity expanded at a modest pace in recent weeks. Employment was flat amid slow wage growth, and prices increased slightly. Tourism activity rose moderately, while retail sales edged up but generally remained subdued. Sales of new automobiles rose, manufacturers reported modest revenue growth, on average, and software and IT service
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