Federal Reserve Bank of Philadelphia Issues Beige Book on Dec. 4, 2024
December 20, 2024
December 20, 2024
WASHINGTON, Dec. 20 (TNSres) -- The Federal Reserve Bank of Philadelphia issued the following Beige Book on Dec. 4, 2024:
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Summary of Economic Activity
On balance, business activity in the Third District seemed to edge up after declining slightly last period. Consumer spending held steady, at best, with price-conscious consumers shopping carefully for deals or shopping less overall. Nonmanufacturing activity edged up slightly, and manufacturing activit . . .
* * *
Summary of Economic Activity
On balance, business activity in the Third District seemed to edge up after declining slightly last period. Consumer spending held steady, at best, with price-conscious consumers shopping carefully for deals or shopping less overall. Nonmanufacturing activity edged up slightly, and manufacturing activit . . .