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Federal Reserve Bank of Richmond: What Businesses Are Saying - Cautiously Optimistic With a Hint of Wariness
January 31, 2026
RICHMOND, Virginia, Jan. 31 -- The Federal Reserve Bank of Richmond issued the following Regional Matters analysis by R. Andrew Bauer, Renee Haltom and Matthew Martin:

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What Businesses Are Saying: Cautiously Optimistic With a Hint of Wariness

In the lead-up to the December Federal Open Market Committee cycle, we heard that the economy was chugging along with disproportionate support from high-income consumers and artificial intelligence (AI). Many firm . . .

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