Federal Reserve Bank of Cleveland Issues Beige Book on Sept. 3, 2025
September 05, 2025
September 05, 2025
WASHINGTON, Sept. 5 -- The Federal Reserve Bank of Cleveland issued the following Beige Book on Sept. 3, 2025:
* * *
Summary of Economic Activity
Fourth District contacts reported a slight increase in overall business activity in recent weeks and expected activity to rise modestly in the months ahead. Consumer spending was flat, with retailers noting continued affordability concerns among consumers. Manufacturers also reported flat demand for goods, citing . . .
* * *
Summary of Economic Activity
Fourth District contacts reported a slight increase in overall business activity in recent weeks and expected activity to rise modestly in the months ahead. Consumer spending was flat, with retailers noting continued affordability concerns among consumers. Manufacturers also reported flat demand for goods, citing . . .