Federal Reserve Bank of Richmond Issues Beige Book on Sept. 4, 2024
September 07, 2024
September 07, 2024
WASHINGTON, Sept. 7 (TNSres) -- The Federal Reserve Bank of Richmond issued the following Beige Book on Sept. 4, 2024:
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Summary of Economic Activity
Economic activity in the Fifth District slowed mildly this cycle, reversing from a slight increase reported last period. Consumer spending on retail goods, vehicles, and tourism declined in recent weeks. Manufacturing activity contracted slightly, as well. Residential real estate activity softened alongsid . . .
* * *
Summary of Economic Activity
Economic activity in the Fifth District slowed mildly this cycle, reversing from a slight increase reported last period. Consumer spending on retail goods, vehicles, and tourism declined in recent weeks. Manufacturing activity contracted slightly, as well. Residential real estate activity softened alongsid . . .