Federal Reserve Bank of Chicago Issues Beige Book on April 23, 2025
May 03, 2025
May 03, 2025
WASHINGTON, May 3 -- The Federal Reserve Bank of Chicago issued the following Beige Book on April 23, 2025:
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Summary of Economic Activity
Economic activity in the Seventh District was little changed on balance over the reporting period and contacts expected a slight decrease over the next year. Many contacts noted heightened uncertainty in their outlooks due to uncertainty over the direction of federal trade policy. Consumer spending increased modestly . . .
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Summary of Economic Activity
Economic activity in the Seventh District was little changed on balance over the reporting period and contacts expected a slight decrease over the next year. Many contacts noted heightened uncertainty in their outlooks due to uncertainty over the direction of federal trade policy. Consumer spending increased modestly . . .