US Economic Activity Broadens Across Federal Reserve Districts
The Federal Reserve's Beige Book reports that US economic activity has broadened, picking up in 11 out of 12 Federal Reserve districts. Only the San Francisco district remained flat, with employers investing in AI.
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US economic activity broadens to almost all Federal Reserve districts: Beige Book
Read full article →Beige Book: Economic Activity Picked Up In 11 Of 12 Districts; Only San Fran Flat As "Employers Invested In AI"
Beige Book: Economic Activity Picked Up In 11 Of 12 Districts; Only San Fran Flat As "Employers Invested In AI" In a modest support of the Fed's recent hawkish pivot, the latest Beige Book released today notes that economic activity across the US improved moderately, increasing at a slight to moderate pace in eleven of twelve Federal Reserve Districts in late May and June, while one District (San Francisco) reported no change. The pace of growth was ever so slightly better than ...
By Tyler Durden
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