Federal Reserve Bank of Boston Issues Beige Book for Oct. 20, 2021
October 21, 2021
October 21, 2021
WASHINGTON, Oct. 21 -- The Federal Reserve Bank of Boston issued the following Beige Book for Oct. 20, 2021:
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Summary of Economic Activity
Business activity in the First District expanded at a modest to moderate pace. Software and IT firms posted moderate revenue gains on balance. Retail sales were stable or up modestly and easily exceeded pre-pandemic levels; demand for new and used autos continued to outstrip limited supplies. Air travel and hotel oc . . .
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Summary of Economic Activity
Business activity in the First District expanded at a modest to moderate pace. Software and IT firms posted moderate revenue gains on balance. Retail sales were stable or up modestly and easily exceeded pre-pandemic levels; demand for new and used autos continued to outstrip limited supplies. Air travel and hotel oc . . .