Fed Beige Book Says Economic Activity Increased Modestly Since Early July, Employment Rose Very Slightly With Five Districts Reporting No Change; Prices Increased Moderately In Eight Districts
The Federal Reserve checked in with businesses around the country and found the economy is growing a little bit, jobs are barely going up, and prices are creeping higher in some areas. When you see this kind of slow-and-steady report, it tells you the economy is plugging along, not racing or stopping—so watch whether companies can still make money when growth is this quiet.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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