Federal Reserve Bank of Philadelphia Issues October 2026 Beige Book
October 22, 2026
October 22, 2026
WASHINGTON, Oct. 22 -- The Federal Reserve Bank of Philadelphia issued the following October 2026 Beige Book:
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Summary of Economic Activity
Economic activity in the Third District grew slightly, after picking up to a modest pace of growth last period. Employment rose modestly, as both manufacturing and nonmanufacturing firms reported increased hiring. Wage inflation remained steady at a modest pace, although some firms reported upward wage pressures. P . . .
* * *
Summary of Economic Activity
Economic activity in the Third District grew slightly, after picking up to a modest pace of growth last period. Employment rose modestly, as both manufacturing and nonmanufacturing firms reported increased hiring. Wage inflation remained steady at a modest pace, although some firms reported upward wage pressures. P . . .