Federal Reserve Bank of Minneapolis Issues Beige Book on Sept. 3, 2025
September 05, 2025
September 05, 2025
WASHINGTON, Sept. 5 -- The Federal Reserve Bank of Minneapolis issued the following Beige Book on Sept. 3, 2025:
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Summary of Economic Activity
Economic activity in the Ninth District was down slightly since the previous report. Employment was down slightly, and labor demand continued to soften. Price pressures increased modestly, and wage growth was moderate but easing. Consumer spending also softened. Construction was flat, while real estate markets w . . .
* * *
Summary of Economic Activity
Economic activity in the Ninth District was down slightly since the previous report. Employment was down slightly, and labor demand continued to soften. Price pressures increased modestly, and wage growth was moderate but easing. Consumer spending also softened. Construction was flat, while real estate markets w . . .