Federal Reserve Bank of Boston Issues Beige Book on Dec. 4, 2024
December 20, 2024
December 20, 2024
WASHINGTON, Dec. 20 (TNSres) -- The Federal Reserve Bank of Boston issued the following Beige Book on Dec. 4, 2024:
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Summary of Economic Activity
Economic activity was down a bit on balance in this reporting period, driven in part by unusual weather patterns that delayed seasonal goods purchases. Prices increased at a slight pace. Employment held steady despite a slowdown in hiring demand, and wage increases were modest. Consumers held back on restaura . . .
* * *
Summary of Economic Activity
Economic activity was down a bit on balance in this reporting period, driven in part by unusual weather patterns that delayed seasonal goods purchases. Prices increased at a slight pace. Employment held steady despite a slowdown in hiring demand, and wage increases were modest. Consumers held back on restaura . . .