Federal Reserve Bank of San Francisco Issues August 2026 Beige Book
September 05, 2026
September 05, 2026
WASHINGTON, Sept. 5 -- The Federal Reserve Bank of San Francisco issued the following August 2026 Beige Book:
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Summary of Economic Activity
Economic activity in the Twelfth District was little changed during the July to mid-August reporting period. Employers largely maintained employment levels. Wages were up slightly. Prices rose modestly, driven by elevated oil prices, tariffs, and higher input costs. Retail sales were stable, while activity in consu . . .
* * *
Summary of Economic Activity
Economic activity in the Twelfth District was little changed during the July to mid-August reporting period. Employers largely maintained employment levels. Wages were up slightly. Prices rose modestly, driven by elevated oil prices, tariffs, and higher input costs. Retail sales were stable, while activity in consu . . .
