Federal Reserve Bank of Dallas Issues Beige Book for Jan. 18, 2023
January 20, 2023
January 20, 2023
WASHINGTON, Jan. 20 (TNSres) -- The Federal Reserve Bank of Dallas issued the following Beige Book for Jan. 18, 2023:
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Summary of Economic Activity
Modest growth continued in the Eleventh District economy overall. Growth accelerated in manufacturing but abated in the service sector. Retail sales and home sales fell further, while oil and gas activity expanded. Rising interest rates prompted further deterioration in loan demand. Local nonprofits cited h . . .
* * *
Summary of Economic Activity
Modest growth continued in the Eleventh District economy overall. Growth accelerated in manufacturing but abated in the service sector. Retail sales and home sales fell further, while oil and gas activity expanded. Rising interest rates prompted further deterioration in loan demand. Local nonprofits cited h . . .