Federal Reserve Bank of Atlanta Issues Beige Book for July 12, 2023
July 15, 2023
July 15, 2023
WASHINGTON, July 15 (TNSres) -- The Federal Reserve Bank of Atlanta issued the following Beige Book on July 12, 2023:
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Summary of Economic Activity
The Sixth District economy grew at a measured pace from mid-May through June. Labor availability and retention improved, and wage pressures eased. On balance, nonlabor costs continued to moderate and pricing power was mixed. Retail sales softened for discretionary items, but consumer spending on essentials . . .
* * *
Summary of Economic Activity
The Sixth District economy grew at a measured pace from mid-May through June. Labor availability and retention improved, and wage pressures eased. On balance, nonlabor costs continued to moderate and pricing power was mixed. Retail sales softened for discretionary items, but consumer spending on essentials . . .