Federal Reserve Bank of San Francisco Issues Beige Book on Jan. 15, 2025
January 28, 2025
January 28, 2025
WASHINGTON, Jan. 28 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following Beige Book on Jan. 15, 2025:
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Summary of Economic Activity
Economic activity in the Twelfth District expanded slightly during the mid-November through December reporting period. Employment levels were largely unchanged, and employee retention improved further. Wages were up slightly overall, and year-end pay increases were in line with historical averages. Pr . . .
* * *
Summary of Economic Activity
Economic activity in the Twelfth District expanded slightly during the mid-November through December reporting period. Employment levels were largely unchanged, and employee retention improved further. Wages were up slightly overall, and year-end pay increases were in line with historical averages. Pr . . .