Federal Reserve Bank of Philadelphia Issues Beige Book on June 3, 2026
June 04, 2026
June 04, 2026
WASHINGTON, June 4 -- The Federal Reserve Bank of Philadelphia issued the following Beige Book on June 3, 2026:
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Summary of Economic Activity
Business activity in the Third District declined slightly on balance, after growing narrowly in the last period. Employment declined slightly as both manufacturing and nonmanufacturing firms reported slight declines in jobs, although nonmanufacturing firms reported growth in part-time jobs. Wage inflation held st . . .
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Summary of Economic Activity
Business activity in the Third District declined slightly on balance, after growing narrowly in the last period. Employment declined slightly as both manufacturing and nonmanufacturing firms reported slight declines in jobs, although nonmanufacturing firms reported growth in part-time jobs. Wage inflation held st . . .