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Federal Reserve Bank of Dallas Issues Beige Book on Sept. 3, 2025
September 05, 2025
WASHINGTON, Sept. 5 -- The Federal Reserve Bank of Dallas issued the following Beige Book on Sept. 3, 2025:

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Summary of Economic Activity

Economic activity in the Eleventh District expanded modestly. Growth picked up in nonfinancial services and manufacturing. Retail sales increased, and loan volume rose, driven by increases in residential and commercial real estate lending. Agricultural conditions were favorable. Meanwhile, housing market activity rem . . .

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