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Federal Reserve Bank of Richmond Issues Beige Book on on Jan. 14, 2026
January 16, 2026
WASHINGTON, Jan. 16 -- The Federal Reserve Bank of Richmond issued the following Beige Book on Jan. 14, 2026:

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Summary of Economic Activity

The Fifth District economy grew at a modest rate this cycle. Consumer spending on retail goods increased modestly while spending on travel and tourism increased moderately. However, auto and boat sales declined in recent weeks. Manufacturing activity declined slightly as many in the industry continued to struggle w . . .

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