Federal Reserve Bank of Richmond Issues Beige Book on Jan. 15, 2025
January 28, 2025
January 28, 2025
WASHINGTON, Jan. 28 (TNSres) -- The Federal Reserve Bank of Richmond issued the following Beige Book on Jan. 15, 2025:
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Summary of Economic Activity
The Fifth District economy grew modestly since our previous report. Consumer spending on retail, travel, and tourism increased moderately to end the year. Nonfinancial services firms reported no change in revenues amid subdued demand while financial service providers saw a modest increase in loan demand. M . . .
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Summary of Economic Activity
The Fifth District economy grew modestly since our previous report. Consumer spending on retail, travel, and tourism increased moderately to end the year. Nonfinancial services firms reported no change in revenues amid subdued demand while financial service providers saw a modest increase in loan demand. M . . .