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Federal Reserve Bank of San Francisco Issues Beige Book on April 15, 2026
April 20, 2026
WASHINGTON, April 20 -- The Federal Reserve Bank of San Francisco issued the following Beige Book on April 15, 2026:

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Summary of Economic Activity

Economic activity in the Twelfth District was somewhat subdued but largely stable during the mid-February through March reporting period. Employment levels remained generally stable, and most employers held their head counts flat and hired only to replace departing workers. Wages continued to rise at a sligh . . .

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