Federal Reserve Bank of Richmond Issues Beige Book on July 17, 2024
July 19, 2024
July 19, 2024
WASHINGTON, July 19 (TNSres) -- The Federal Reserve Bank of Richmond issued the following Beige Book on July 17, 2024:
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Summary of Economic Activity
The Fifth District economy grew slightly this cycle, down from the modest pace of growth reported in our previous report. Consumer spending rose mildly but there were reports of consumers pulling back on big ticket items and becoming more price conscious at restaurants. Leisure and business travel, on the . . .
* * *
Summary of Economic Activity
The Fifth District economy grew slightly this cycle, down from the modest pace of growth reported in our previous report. Consumer spending rose mildly but there were reports of consumers pulling back on big ticket items and becoming more price conscious at restaurants. Leisure and business travel, on the . . .