Federal Reserve Bank of Boston Issues Beige Book for March 3, 2021
March 05, 2021
March 05, 2021
WASHINGTON, March 5 -- The Federal Reserve Bank of Boston issued the following Beige Book for on March 3, 2021:
Summary of Economic Activity
Economic activity was decidedly mixed in the First District, with moderate growth on balance. Manufacturers reported strong to very strong results, while restaurants and hotels experienced very weak demand. Retail sales were robust across a variety of outlets, and auto sales made a sharp rebound in late 2020. Performance at staffin . . .
Summary of Economic Activity
Economic activity was decidedly mixed in the First District, with moderate growth on balance. Manufacturers reported strong to very strong results, while restaurants and hotels experienced very weak demand. Retail sales were robust across a variety of outlets, and auto sales made a sharp rebound in late 2020. Performance at staffin . . .