Federal Reserve Bank of Atlanta Issues Beige Book - May 29, 2024
May 30, 2024
May 30, 2024
WASHINGTON, May 30 (TNSres) -- The Federal Reserve Bank of Atlanta issued the following Beige Book on May 29, 2024:
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Summary of Economic Activity
The economy of the Sixth District grew slowly since the previous report. Labor market tightness eased, and wage growth slowed somewhat. Cost growth continued to moderate, but most nonlabor costs remained elevated. Firms' pricing power was mixed. Widespread concerns about household finances were noted by nonpr . . .
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Summary of Economic Activity
The economy of the Sixth District grew slowly since the previous report. Labor market tightness eased, and wage growth slowed somewhat. Cost growth continued to moderate, but most nonlabor costs remained elevated. Firms' pricing power was mixed. Widespread concerns about household finances were noted by nonpr . . .