Federal Reserve Bank of Dallas Issues Beige Book on April 23, 2025
May 03, 2025
May 03, 2025
WASHINGTON, May 3 -- The Federal Reserve Bank of Dallasissued the following Beige Book on April 23, 2025:
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Summary of Economic Activity
Growth in the Eleventh District economy slowed to a slight pace over the reporting period. Nonfinancial services activity was flat, but manufacturing output rose modestly. Retail sales dipped, and loan demand increased slightly. Commercial real estate activity was stable, while housing demand remained tepid. Oilfield a . . .
* * *
Summary of Economic Activity
Growth in the Eleventh District economy slowed to a slight pace over the reporting period. Nonfinancial services activity was flat, but manufacturing output rose modestly. Retail sales dipped, and loan demand increased slightly. Commercial real estate activity was stable, while housing demand remained tepid. Oilfield a . . .