Federal Reserve Bank of Richmond Issues Beige Book on Oct. 23, 2024
November 01, 2024
November 01, 2024
WASHINGTON, Nov. 1 (TNSres) -- The Federal Reserve Bank of Richmond issued the following Beige Book on Oct. 23, 2024:
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Summary of Economic Activity
Economic activity in the Fifth District grew at a modest rate since our previous report. Consumer spending picked up modestly, overall. Travel and tourism were steady, on balance, as business travel increased, and leisure travel softened. Residential real estate activity slowed slightly, and commercial real . . .
* * *
Summary of Economic Activity
Economic activity in the Fifth District grew at a modest rate since our previous report. Consumer spending picked up modestly, overall. Travel and tourism were steady, on balance, as business travel increased, and leisure travel softened. Residential real estate activity slowed slightly, and commercial real . . .