Federal Reserve Bank of Boston Issues Beige Book for March 2, 2022
March 09, 2022
March 09, 2022
WASHINGTON, March 9 -- The Federal Reserve Bank of Boston issued the following Beige Book for March 2, 2022:
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Summary of Economic Activity
Business activity expanded at a slight to modest pace in recent weeks. Consumer spending on goods, including autos, increased at a moderate pace, but restaurants sales plummeted during the Omicron surge. Manufacturers enjoyed robust demand, and revenues increased slightly on balance. Revenues at staffing firms were . . .
* * *
Summary of Economic Activity
Business activity expanded at a slight to modest pace in recent weeks. Consumer spending on goods, including autos, increased at a moderate pace, but restaurants sales plummeted during the Omicron surge. Manufacturers enjoyed robust demand, and revenues increased slightly on balance. Revenues at staffing firms were . . .