Federal Reserve Bank of San Francisco Issues Beige Book on July 15, 2025
July 30, 2025
July 30, 2025
WASHINGTON, July 30 -- The Federal Reserve Bank of San Francisco issued the following Beige Book on July 15, 2025:
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Summary of Economic Activity
Economic activity in the Twelfth District was somewhat subdued but largely stable during the mid-May to June reporting period. Employment levels were slightly lower on net with more firms under a hiring freeze and using attrition and layoffs to reduce headcount. Wages continued to grow at a slight pace, and pr . . .
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Summary of Economic Activity
Economic activity in the Twelfth District was somewhat subdued but largely stable during the mid-May to June reporting period. Employment levels were slightly lower on net with more firms under a hiring freeze and using attrition and layoffs to reduce headcount. Wages continued to grow at a slight pace, and pr . . .