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US Beige Book - September 2024
Economic activity grew slightly in three Districts, while the number of Districts that reported flat or declining activity rose from five in the prior period to nine in the current period. Employment levels were steady overall, though there were isolated reports that firms filled only necessary positions, reduced hours and shifts, or lowered overall employment levels through attrition. Still, reports of layoffs remained rare. On balance, wage growth was modest, while increases in nonlabor input costs and selling prices ranged from slight to moderate. Consumer spending ticked down in most Districts, having generally ... (full story)
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— Cable FX Macro (@cablefxmacro) September 4, 2024
*FED SAYS EMPLOYMENT GENERALLY FLAT, SLIGHTLY UP IN RECENT WEEKS
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FED BEIGE BOOK: ECONOMIC ACTIVITY GREW SLIGHTLY IN THREE DISTRICTS, WHILE THE NUMBER OF DISTRICTS THAT REPORTED FLAT OR DECLINING ACTIVITY ROSE FROM FIVE IN THE PRIOR PERIOD TO NINE IN THE CURRENT PERIOD.
— FinancialJuice (@financialjuice) September 4, 2024
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FED BEIGE BOOK: ON BALANCE, PRICES INCREASED MODESTLY IN THE MOST RECENT REPORTING PERIOD.
— FinancialJuice (@financialjuice) September 4, 2024
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FED BEIGE BOOK: DISTRICT CONTACTS GENERALLY EXPECTED ECONOMIC ACTIVITY TO REMAIN STABLE OR TO IMPROVE SOMEWHAT IN THE COMING MONTHS, THOUGH CONTACTS IN THREE DISTRICTS ANTICIPATED SLIGHT DECLINES.
— FinancialJuice (@financialjuice) September 4, 2024
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- Posted: Sep 4, 2024 2:00pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 5,523
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