Federal Reserve Bank of Minneapolis Issues May 2026 Beige Book
June 04, 2026
June 04, 2026
WASHINGTON, June 4 -- The Federal Reserve Bank of Minneapolis issued the following May 2026 Beige Book:
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Summary of Economic Activity
Ninth District economic activity increased modestly since the previous report. Employment grew slightly, and wage growth was modest to moderate. Prices increased sharply, particularly for inputs. Growth was noted in financial and nonfinancial services, construction, and manufacturing. Consumer spending, tourism, and ener . . .
* * *
Summary of Economic Activity
Ninth District economic activity increased modestly since the previous report. Employment grew slightly, and wage growth was modest to moderate. Prices increased sharply, particularly for inputs. Growth was noted in financial and nonfinancial services, construction, and manufacturing. Consumer spending, tourism, and ener . . .