WASHINGTON, May 3 -- The Federal Reserve Bank issued the following Beige Book on April 23, 2025: * * * National Summary Overall Economic Activity Economic activity was little changed since the previous report, but uncertainty around international trade policy was pervasive across reports. Just five Districts saw slight growth, three Districts noted activity was relatively unchanged, and the remaining four Districts reported slight to modest declines. Non-auto consumer spending was lower over  more

WASHINGTON, May 3 -- The Federal Reserve Bank of Kansas City issued the following Beige Book on April 23, 2025: * * * Summary of Economic Activity Economic activity in the Tenth District grew slightly, but expectations about business activity and consumer spending weakened considerably compared to the last report. Moreover, businesses' commentary about economic conditions shifted rapidly in recent weeks, as uncertainty rose quickly, concerns about tariffs weighed on decision making, and busin  more