Federal Reserve Bank of Cleveland Issues Beige Book on April 23, 2025
May 03, 2025
May 03, 2025
WASHINGTON, May 3 -- The Federal Reserve Bank of Cleveland issued the following Beige Book on April 23, 2025:
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Summary of Economic Activity
On balance, contact reports were consistent with flat business activity in the Fourth District in recent weeks, suggesting a weaker-than-usual spring. Contacts generally expected activity to remain flat in the months ahead. Consumer spending was down; however, some auto dealers reported an increase in sales as cust . . .
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Summary of Economic Activity
On balance, contact reports were consistent with flat business activity in the Fourth District in recent weeks, suggesting a weaker-than-usual spring. Contacts generally expected activity to remain flat in the months ahead. Consumer spending was down; however, some auto dealers reported an increase in sales as cust . . .