Federal Reserve Bank of San Francisco Issues Beige Book on Sept. 3, 2025
September 05, 2025
September 05, 2025
WASHINGTON, Sept. 5 -- The Federal Reserve Bank of San Francisco issued the following Beige Book on Sept. 3, 2025:
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Summary of Economic Activity
Economic activity in the Twelfth District edged down slightly during the July to mid-August reporting period. Employment levels were down slightly as employers laid off workers and did not fill vacated positions. Wages grew somewhat, and prices rose modestly overall. Conditions in retail trade and the consumer . . .
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Summary of Economic Activity
Economic activity in the Twelfth District edged down slightly during the July to mid-August reporting period. Employment levels were down slightly as employers laid off workers and did not fill vacated positions. Wages grew somewhat, and prices rose modestly overall. Conditions in retail trade and the consumer . . .