Federal Reserve Bank of Boston Issues Beige Book for Sept. 6, 2023
September 08, 2023
September 08, 2023
WASHINGTON, Sept. 8 (TNSres) -- The Federal Reserve Bank of Boston issued the following Beige Book on Sept. 6, 2023:
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Summary of Economic Activity
Business activity expanded modestly on balance, as real estate markets continued to lag other sectors of the First District's economy. Employment was about flat, wages grew at a modest pace, and price increases were generally small. Consumer spending on retail goods and hospitality services increased mo . . .
* * *
Summary of Economic Activity
Business activity expanded modestly on balance, as real estate markets continued to lag other sectors of the First District's economy. Employment was about flat, wages grew at a modest pace, and price increases were generally small. Consumer spending on retail goods and hospitality services increased mo . . .