Federal Reserve Bank of Philadelphia Issues August 2026 Beige Book
September 05, 2026
September 05, 2026
WASHINGTON, Sept. 5 -- The Federal Reserve Bank of Philadelphia issued the following August 2026 Beige Book:
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Summary of Economic Activity
Business activity in the Third District increased modestly, after rising slightly in the last period. Employment rose slightly, as both manufacturing and nonmanufacturing firms reported an uptick in hiring during July and August. Wage inflation remained steady at a modest pace. Firm price inflation rose at a modest . . .
* * *
Summary of Economic Activity
Business activity in the Third District increased modestly, after rising slightly in the last period. Employment rose slightly, as both manufacturing and nonmanufacturing firms reported an uptick in hiring during July and August. Wage inflation remained steady at a modest pace. Firm price inflation rose at a modest . . .