Federal Reserve Bank of Richmond Issues October 2026 Beige Book
October 22, 2026
October 22, 2026
WASHINGTON, Oct. 22 -- The Federal Reserve Bank of Richmond issued the following October 2026 Beige Book:
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Summary of Economic Activity
The Fifth District economy continued to grow at a moderate pace this cycle. Consumer spending grew moderately, and consumers continued to make tradeoffs in response to higher fuel prices. Spending on travel and tourism increased with hotels in our region noting strong occupancy rates. Manufacturing activity was flat, o . . .
* * *
Summary of Economic Activity
The Fifth District economy continued to grow at a moderate pace this cycle. Consumer spending grew moderately, and consumers continued to make tradeoffs in response to higher fuel prices. Spending on travel and tourism increased with hotels in our region noting strong occupancy rates. Manufacturing activity was flat, o . . .