Federal Reserve Bank of Richmond Issues Beige Book on Dec. 4, 2024
December 20, 2024
December 20, 2024
WASHINGTON, Dec. 20 (TNSres) -- The Federal Reserve Bank of Richmond issued the following Beige Book on Dec. 4, 2024:
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Summary of Economic Activity
Economic activity expanded slightly this cycle. Consumer spending on retail, travel, and tourism was flat to up slightly in recent weeks. Areas of the Fifth District that were impacted by Hurricane Helene saw a decline in consumer spending and leisure travel but also a pick-up in repair services and hotel o . . .
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Summary of Economic Activity
Economic activity expanded slightly this cycle. Consumer spending on retail, travel, and tourism was flat to up slightly in recent weeks. Areas of the Fifth District that were impacted by Hurricane Helene saw a decline in consumer spending and leisure travel but also a pick-up in repair services and hotel o . . .