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beige_book | 1,978 | District reports continue to point to a slowdown in economic activity in the second half of the year. However, current retail sales and manufacturing activity continue to advance at a rapid pace, although some industries have entered their normal midsummer doldrums. Businessmen continue to manage invent... | 947 |
beige_book | 1,978 | Economic activity continues to advance, according to this month's district comments. While there is concern in some areas that a downturn may be in the offing, business activity generally appears to be strong with little evidence of current weakness. Some shortages of skilled labor and certain materials... | 1,156 |
beige_book | 1,978 | Business has been brisk throughout the nation, and nearly all Reserve banks expect it to stay that way for at least the next few months. The manufacturing, retail trade, building, and banking industries report strong growth, with little evidence or expectation of an imminent slowdown. Concerns are growi... | 907 |
beige_book | 1,979 | On balance, a slowing of business activity in recent weeks has been accompanied by a significant deterioration of businessmen's expectations for the remainder of 1979. Reserve Banks' characterizations of the current picture seemed to follow a geographical pattern: the northeastern, Midwestern, and weste... | 1,558 |
beige_book | 1,979 | Current conditions vary considerably among the Districts. General characterizations range from ongoing growth in the Minneapolis District to emerging recession around Boston. Near consensus exists, however, as to pervasive weakness in the automobile and housing sectors. Strength persists, nonetheless, i... | 949 |
beige_book | 1,979 | This month's District reports indicated that the economy did not show any distinct signs of slipping further. The business situation actually strengthened a bit in some districts, although it did little more than hold steady in most areas of the country. Department store sales remain lackluster, but aut... | 1,260 |
beige_book | 1,979 | This month's Redbook reports indicate that there are areas of weakness in the economy, but also that evidence of a recession is not widespread. The major area of decline has been automobile manufacturing. Other manufacturing activity—particularly capital goods production—appears to be holding its own. R... | 945 |
beige_book | 1,979 | This month's REDBOOK reports carry a clear message: a general softening in activity began in the second. quarter and. no early reversal is in sight. The decline has centered in housing and. consumption spending, but attempts to prevent buildups of inventories, and dimming prospects for capital spending ... | 840 |
beige_book | 1,979 | The economy continues to advance but there is increasing evidence of a slowing, judging from this month's district comments. Among the positive developments, consumer buying generally remains robust, apart from the middle part of the nation where retail activity was temporarily disrupted by especially s... | 960 |
beige_book | 1,979 | Most Districts report expansion of economic activity in recent weeks. Characterizations of this expansion range from very strong activity in the Boston District, to expansion at a moderate pace in New York and Philadelphia, to a rebounding from adverse weather or strikes in other areas. Atlanta, on the ... | 988 |
beige_book | 1,979 | Based on the latest reports from the twelve district banks, business activity continues at a generally healthy pace. Outside of the automotive industry, where the Teamsters strike has hampered production, manufacturing activity is at high levels in most districts. With some industries operating at or cl... | 976 |
beige_book | 1,979 | Reports from the Twelve District Banks this month indicate continued strength in the economy as many parts of the nation recover from a severe winter. The only exception is Atlanta which reports mixed activity in the Southeast. Strong loan demand and overall expansion in manufacturing continue to be maj... | 805 |
beige_book | 1,980 | Overview Reports from Reserve Banks this month indicate, on balance, some improvement in economic activity. Manufacturing bounced back in several areas as have retail sales and to a lesser extent capital investment, but conditions in the agricultural sector are mixed as the effects of the summer drought continu... | 1,803 |
beige_book | 1,980 | Overview Reports from Reserve Banks this month indicate, on balance, a definite weakening in the economy, with widespread prospects for a W-shaped recession resulting from sharply rising interest rates. While manufacturing is generally slowing, modest gains in orders are still prevalent. Inventories at the ma... | 1,181 |
beige_book | 1,980 | Overview Reports from Reserve Banks this month are, on balance, more cheerful than were those of last month, at least with regard to both current and prospective business activity. The improvement in the assessment of business conditions is attributable primarily to several Districts who see the recession as ha... | 1,251 |
beige_book | 1,980 | Economic activity slowed markedly across the country according to this month's district reports. Led by a sharp falloff in automobile sales, consumer spending has weakened substantially. There is evidence of a contraction in sales of other durable goods as well as of nondurables. The outlook outside the consume... | 1,149 |
beige_book | 1,980 | Business activity among the Districts continues to weaken in June, with mounting evidence that declines in consumer spending and construction are spreading to the capital goods sector. Consumer spending remains soft, especially for big ticket items. An inventory buildup is widely noted, although swift adjustmen... | 1,092 |
beige_book | 1,980 | Sharp drops in residential construction and new car sales reinforced the growing conviction that the recession has arrived. Christmas spending was good throughout most of the nation and provided a welcome boost. Manufacturing activity declined in several Districts, and new orders slackened in most Districts. In... | 1,107 |
beige_book | 1,980 | Economic activity has weakened across the country according to this month's Redbook reports. There is, however, considerable variation in the degree of softening; some districts do not see an actual downturn, only fewer and fewer areas of strength, while others, particularly Chicago, see a pervasive weakness. R... | 1,038 |
beige_book | 1,980 | The REDBOOK reports this month indicate that business activity is holding quite steady in most districts, with few widespread signs of weakness. High technology and defense-related industries are performing particularly well. The major exceptions to this pattern are the housing and automobile industries, which ... | 1,156 |
beige_book | 1,980 | Overview With respect to current and prospective business activity, reports from Reserve Banks this month are generally less optimistic than they were last month. The recent deterioration in financial conditions is seen as responsible for a slowing of economic activity in several districts in September. The ris... | 1,673 |
beige_book | 1,980 | While a number of Reserve Banks (Boston, Philadelphia, and Richmond) report further slowing in overall business activity in July, others (Chicago, St. Louis, and Kansas City) report a leveling off, and New York, Cleveland, Minneapolis, and San Francisco report signs of recovery. Economic weakness characterizes ... | 823 |
beige_book | 1,981 | The nation's economic activity, as reported by the twelve District Banks, was generally slow during August and September. Only Dallas reported a relatively strong regional economy. Consumer spending was weak for most goods and services in most districts. Automobile sales, even with rebates and promotions, were ... | 1,121 |
beige_book | 1,981 | Overview Economic activity remained mixed in April, according to the District reports. Sales at retail stores were up sharply in many areas. Manufacturing activity, however, was uneven although there were more positive signs this month than last. Loan demand generally was weak despite scattered strength in some... | 1,068 |
beige_book | 1,981 | Overview The reports from the Federal Reserve Banks suggest little overall strength in economic activity. Current economic conditions are generally characterized as ranging from weak or sluggish to stable, flat, and mixed; with the exception of the Tenth and Eleventh Districts where business activity is seen as... | 877 |
beige_book | 1,981 | Nine Redbook reports indicated weakening in activity since the last FOMC meeting, with varying degrees of emphasis. Exceptions were Dallas and Philadelphia, where activity was judged to be expanding, and St. Louis with "no marked change". Inflation appears to have moderated, but most observers fear a resurgence... | 1,246 |
beige_book | 1,981 | According to this month's district reports, economic activity in the nation remains mixed. Agriculture probably offers the most consistent observations, with most districts indicating bright prospects for crop yields and farm prices later in 1981. The construction industry is in the doldrums for the most part, ... | 1,109 |
beige_book | 1,981 | Overview The Federal Reserve Bank reports indicate further slowing in economic activity in January in some Districts and generally sluggish growth over most of the nation. Slower growth was reported by Cleveland and Richmond; Chicago reported the economy of the Seventh District was probably the weakest in the n... | 913 |
beige_book | 1,981 | Deteriorating economic conditions appear to be spreading, and most respondents do not anticipate a recovery before spring, according to this month's District reports. Exceptions are energy, non-residential construction, defense, recreation, and some high technology firms. Real consumer spending has slipped, and t... | 1,012 |
beige_book | 1,981 | Overview Economic conditions deteriorated further during November, according to the District reports. Growth in consumer spending slowed or tell in many regions. The slump in manufacturing worsened, and layoffs, production cuts, and plant shutdowns appeared to be spreading. Residential construction failed to re... | 988 |
beige_book | 1,982 | According to this month's district reports, economic activity in the nation remains very weak. Retail sales, after finishing 1981 with a robust performance, have sagged again, and prospects for a quick recovery are not widely perceived. Auto sales are down across the country. In the manufacturing sector, softne... | 1,252 |
beige_book | 1,982 | Introduction While economic conditions remain very depressed throughout the nation, there is a widespread view that a bottom was reached in the first quarter, possibly in January when severe weather hampered activity over a large portion of the nation. Allowing for weather effects, retail sales, manufacturing, ... | 1,620 |
beige_book | 1,982 | Overview Economic activity in most sectors slackened further in April and early May, according to District reports. Consumer spending was generally lackluster although automobile sales picked up in a few Districts. The weakness in manufacturing became more pervasive, spreading to energy-related and high technol... | 1,281 |
beige_book | 1,982 | Overview Reports from the twelve Districts suggest that on balance the economy may have reached its trough but few signs of recovery are seen. Only Atlanta, St. Louis, and Kansas City report signs of improvement. Other Districts report either flat or deteriorating conditions. Retail sales improved in May but we... | 1,330 |
beige_book | 1,982 | Overview District reports suggest that economic activity in most sectors has slowed in recent weeks retracing some of the progress made in late spring and early summer. Manufacturing activity has declined broadly giving rise to new layoffs and plant closings in most Districts. Consumers are widely described as ... | 1,154 |
beige_book | 1,982 | Overview The economic retrenchment reported earlier this summer appears to have slowed or stabilized in August and September, but District reports continue to show almost no indications of recovery. Consumer spending remains cautious, and after a disappointing back-to-school season retailers as well are orderin... | 1,147 |
beige_book | 1,982 | Overview The economy is still entrenched in the recession, with District reports giving few indications of an imminent recovery. Lower interest rates and a slower rate of economic decline are cause for optimism, particularly in the North East, which has fared better than the rest of the country. Consumer spendi... | 1,176 |
beige_book | 1,982 | Overview Economic activity in most Districts showed some signs of improvement except in the manufacturing sector. Weakness in manufacturing remained pervasive with some further layoffs reported and, for the most part, little or no upturn in new orders. Consumer spending strengthened in November but several Dist... | 1,226 |
beige_book | 1,983 | Outlook and Overview The outlook seems considerably brighter compared to the December Redbook. Most Districts report definite signs of improvement in economic activity, or at least judge that improvement is imminent. Least optimistic are Richmond and Dallas (both reported "little change" recently), Cleveland ("... | 1,153 |
beige_book | 1,983 | Overview District reports are nearly uniform in the suggestion that an economic recovery began shortly after the first of the year. In most areas the recovery is being led, in many cases exclusively, by personal consumption expenditures and residential real estate sales and construction. Automobile sales are ge... | 1,295 |
beige_book | 1,983 | We serve the public by pursuing a growing economy and stable financial system that work for all of us. | 20 |
beige_book | 1,983 | Preface This edition of Redbook contains a special section. In addition to preparing their regular reports on general economic conditions, District Bank staffs assembled and summarized additional information on conditions in their regional construction industries. The construction industry was selected for spec... | 1,213 |
beige_book | 1,983 | Overview Economic conditions are improving. Reports of solid increases in retail sales are widespread; hard goods such as appliances and home furnishings are moving particularly well. In manufacturing, orders and shipments have increased for consumer products and for the materials and parts used to fabricate th... | 1,078 |
beige_book | 1,983 | Introduction All districts reported that economic conditions continued favorable in July. Atlanta, Kansas City. New York, and San Francisco noted a further "quickening" or "acceleration" in the expansion. Job markets continue to improve, but at a disappointing pace in much of the Midwest. All districts emphasiz... | 1,063 |
beige_book | 1,983 | Overview Strength in retail sales continues to be a major factor contributing to economic growth in most parts of the country. Still, for a few isolated regions—the mining areas of northern Minnesota and Michigan, the State of Oregon, and the energy-dependent areas of the Dallas District—the economic recovery h... | 861 |
beige_book | 1,983 | Overview The economic expansion continued through August and the early part of September in all 12 Federal Reserve districts. Retail sales continued to be strong, and both factory orders and production rose. The level of employment has increased, and the rate of unemployment has fallen from its peak in the earl... | 925 |
beige_book | 1,983 | Overview Economic expansion continued through the early fall in all Federal Reserve districts. Generally increasing strength is reported in retail sales, as consumer confidence improves along with income and employment. Retailers in most districts are anticipating excellent Christmas season sales. Manufacturing... | 1,087 |
beige_book | 1,984 | Introduction The expansion continues in all Federal Reserve Districts, but with variations in vigor among regions and sectors. Several banks emphasize a revival of consumer and business confidence, and widespread views that strong momentum will sustain the recovery through the year. Virtually all sectors are ex... | 1,327 |
beige_book | 1,984 | Overview Retailers across the country enjoyed an excellent Christmas season. Year-over-year sales increases, largely real, were well into double digits. Post-holiday sales were also relatively strong. Increases in manufacturing activity were widespread. Price hikes are becoming core frequent; delivery times are... | 893 |
beige_book | 1,984 | The economy continues to show a widespread pattern of slowing expansion across both regions and industries. Manufacturing output is growing overall, but most Districts report substantial variation among industries. Retail sales growth on a year-over-year basis is sluggish compared to earlier this year. Auto sal... | 1,000 |
beige_book | 1,984 | The economic expansion appears to be moderating to a slower but still quite brisk pace. Manufacturing remains strong despite weaknesses in certain sectors that have been adversely affected by the increased strength of the U.S. dollar. Defense and energy are the chief sources of current expansion. Retail spendin... | 1,378 |
beige_book | 1,984 | The economic expansion has slowed in most districts, but a resurgence in consumer spending suggests that the slowdown may only be a pause in a recovery that has not run its full course. With the exception of Boston, which reports a continuation of steady growth, the districts report moderating economic recoveri... | 799 |
beige_book | 1,984 | Overview Economic activity is continuing to expand in most regions and industries, but at very different rates. Consumer spending is still providing much of the strength, particularly in the automotive sector, where vigorous activity is leading to supply constraints and buoying a variety of supplying industries... | 931 |
beige_book | 1,984 | Overview The pace of economic expansion appear" to have slowed recently. Retail sales are strong and retailers are optimistic. Manufacturing activity continues to use but at a reduced pace from earlier this year. Retail and manufacturer's inventories appear to be close to desired levels. No strong upward price ... | 1,300 |
beige_book | 1,984 | The overall economic picture in the nation is fairly bright, according to reports from the twelve Federal Reserve Districts, although a few industries are still weak. Retail sales in many Districts bounced back in April from a March slump and are expected to continue their growth. Auto sales are very strong, wi... | 1,243 |
beige_book | 1,985 | Overview The economy appears to be growing slowly at best. Only Richmond describes its District economy as strong, although there is some optimism in the reports from Philadelphia and New York. Retail sales gains are uneven, and less-than-robust Christmas sales are expected. Auto sales are low now that special ... | 1,057 |
beige_book | 1,985 | This month's commentaries by the twelve Federal Reserve Banks suggest that the economy has advanced slightly since the end of summer and is poised for further growth. Representatives from the retail trade sector say auto sales have been strong and sales of general merchandise, though lower than expected, are st... | 1,542 |
beige_book | 1,985 | Introduction This month's commentaries on economic developments by the twelve Federal Reserve banks suggest general stability, with neither accelerating growth nor significant deterioration as near term prospects. This is indicated in key words and phrases in district summaries: Boston, "retail sales improving,... | 1,423 |
beige_book | 1,985 | The economy remains sluggish. Retail sales have been disappointing, but some districts see signs of a pickup in July. Despite the weakness in retail sales, inventories remain under control. The manufacturing sector is stagnating; orders and shipments are flat and employment seems to be declining. Residential an... | 1,011 |
beige_book | 1,985 | The pace of economic activity in all Districts seems to be slowing across most sectors. Retail sales generally continue to sag yet inventory levels appear satisfactory and the outlook remains optimistic. An important exception is auto sales which are strong in most areas and the strength is extending to supplie... | 1,210 |
beige_book | 1,985 | The pace of economic activity in moat Federal Reserve districts appears to reflect the slower first-quarter rate of national economic growth. Retail sales generally are showing modest growth through early spring, while strength in auto sales is continuing. Retail inventories are viewed as generally satisfactory... | 1,263 |
beige_book | 1,985 | Economic activity throughout the nation continues at a modest pace, though the agricultural and mining sectors are depressed in some areas. Most Districts report small but steady gains in overall employment levels, though there has been little growth in manufacturing employment. Unemployment rates have remained... | 805 |
beige_book | 1,985 | The economic expansion continued in most districts. The pace of recovery, although slower than early in the year, was moderately strong at year end. Retail sales activity during the holiday season was satisfactory and, in some cases, better than expected. Home sales and construction activity appeared to have re... | 630 |
beige_book | 1,986 | This month's commentaries on regional economic activity suggest that the economy is growing at a moderate pace on balance. Several Banks, including Philadelphia, Richmond, Minneapolis, Kansas City, and San Francisco, pointed to signs of improving business activity in their respective Districts. Most other Banks... | 1,297 |
beige_book | 1,986 | Moderate economic expansion has continued in most regions of the country in recent weeks, despite unevenness across sectors. Recent improvements in economic activity are noted by New York, Cleveland, Kansas City, and Philadelphia. Richmond and Atlanta report sustained growth at a relatively strong pace, while M... | 1,370 |
beige_book | 1,986 | Virtually all districts report continued moderate economic growth. With the exception of Dallas, which is plagued by problems related to railing oil and gas prices, no district reports general stagnation. Energy sector problems, coupled with problems in agriculture and some manufacturing sectors, have led to un... | 1,116 |
beige_book | 1,986 | Moderate growth is being reported by most Federal Reserve Districts, although the regional variations in economic conditions are substantial. Retail sales are expanding slowly, but several Districts report an acceleration in sales in recent months. Automobile sales are declining from their year-earlier levels a... | 1,164 |
beige_book | 1,986 | Available information suggests that slow growth continues in most Federal Reserve districts, although conditions vary substantially across both sectors and regions. Retail sales appear to be growing modestly overall, with substantial regional variation, and domestic automobile sales also show a mixed performanc... | 968 |
beige_book | 1,986 | All districts continue to report sluggish economic growth. Retail sales continued to improve over the summer with moat districts reporting strong consumer demand. Prices are stable and largely unaffected by the lower value of the dollar. Manufacturing, however, generally remains weak. Homebuilding continues str... | 1,121 |
beige_book | 1,986 | Summary District Reserve Banks report overall economic growth ranging from relatively stable to slightly improved, with conditions varying considerably by region and economic sector. Strength in consumer spending is somewhat less evident than in last month's reports. While residential construction activity rem... | 1,505 |
beige_book | 1,986 | District Reserve Banks report economic conditions ranging from sluggish to generally good with more than half indicating some recent improvement. Strength in consumer spending is somewhat more widespread than in the last report, and most retailers anticipate a moderate to good holiday season. Residential constr... | 1,214 |
beige_book | 1,987 | The pace of economic activity appears to have quickened slightly at year-end, according to this month's commentaries on regional economic conditions. Retailers in most Districts enjoyed moderate year-over-year sales increases, in line with expectations. Auto sales were very strong in December, although the loss... | 1,619 |
beige_book | 1,987 | Assessments of general economic conditions ranged from uneven or steady to improving. Expanding activity or optimism were reported by contacts in the Boston, New York, Richmond, and Atlanta Districts. Cleveland reported slow expansion. Kansas City indicated recent slight Improvement. Chicago noted the effects o... | 1,253 |
beige_book | 1,987 | The economy appears to be continuing on a course of moderate expansion, according to reports gathered in April. The agricultural sector, while certainly not in the clear yet, is showing signs of improvement. Manufacturers continue to post modest gains, bolstered by growth in both domestic sales and exports. Res... | 1,339 |
beige_book | 1,987 | Most Federal Reserve Districts report moderate economic growth. Manufacturing orders and shipments continue to grow, with few reports of price increases or inventory buildup. Lumber production is operating near capacity due in part to an expansion of exports. Housing construction continues at a steady pace desp... | 1,469 |
beige_book | 1,987 | Regional reports filed in late July show little change from those filed in mid-June and indicate continued moderate economic growth. Manufacturing activity is rising in most of the country, and the energy sector shows some signs of revival. Retail sales are still increasing. Price increases are more common at p... | 906 |
beige_book | 1,987 | Business conditions improved in recent weeks for most regions of the country although weakness persists in some areas. Chicago, New York, Philadelphia, Minneapolis, and Boston report moderate economic expansion while Atlanta and San Francisco note brisk growth. Cleveland and St. Louis, in contrast, indicate wea... | 1,330 |
beige_book | 1,987 | Business conditions continue to improve in most districts, with particular strength in the manufacturing sector. Reports from Boston, New York, Cleveland, and San Francisco are particularly upbeat, whereas growth in the Kansas City and Dallas districts has been less robust. St. Louis continues to report general... | 1,199 |
beige_book | 1,987 | Most Districts report overall economic expansion with particular strength noted in Boston, Chicago, Minneapolis, and San Francisco. Despite general optimism among surveyed firms, there was also widespread evidence of increased uncertainty about future growth in demand. Furthermore, while the majority of survey ... | 1,013 |
beige_book | 1,988 | Most Districts report modest economic growth, with particular strength in New England and weaker conditions in the Dallas and Kansas City Districts. Few District reports cite economic impacts from the stock market decline last October. The Christmas retail season appears to have been satisfactory nationwide, wi... | 1,200 |
beige_book | 1,988 | Without exception, reports confirm a moderate expansion of the nation's economy. Strength in the manufacturing sector and continued moderate growth in employment are sustaining the current expansion. Consumer spending, which had provided much of the earlier stimulus to the economy, has continued to expand slugg... | 1,015 |
beige_book | 1,988 | Continued moderate growth of the nation's economy is again confirmed by reports from the Federal Reserve Districts. Manufacturing sector activity remains strong, with export growth a major contributor. Recent retail sales growth generally has been modest. Housing activity in most Districts has shown some recent... | 1,086 |
beige_book | 1,988 | Most Federal Reserve Districts report sustained economic growth, but some note a somewhat slower pace of growth than earlier in the year. Manufacturing remains strong in most Districts, and export demand continues to grow. Retail sales have generally been somewhat sluggish recently, and construction and real es... | 1,145 |
beige_book | 1,988 | Economic expansion continues at a pace varying from sluggish in two Districts to moderate or strong elsewhere. Employment levels are stable or rising, with tight labor market conditions noted in some areas. While retail sales are generally lackluster, auto sales have picked up. Manufacturers report moderate to ... | 1,549 |
beige_book | 1,988 | The pace of business activity reflected in most District reports ranges from healthy expansion to stable or mixed, with weakening noted only by St. Louis. However, contacts in several Districts were less optimistic than earlier about the outlook. A number of manufacturing industries are operating near capacity,... | 1,691 |
beige_book | 1,988 | Most districts report continuing growth in their regional economies. New York, Philadelphia, Cleveland, Richmond, Chicago, and San Francisco all report further expansion over the past six weeks. Four districts—Atlanta, St. Louis, Kansas City, and Dallas—report slow or sluggish growth. Boston represents general ... | 1,450 |
beige_book | 1,988 | Most Districts report continued economic growth, but at an apparently slower pace than in previous months. Only Dallas, St. Louis, and Kansas City report generally sluggish business conditions and cite persistent weakness in many sectors. Much of the activity in the faster-growing Districts appears to be genera... | 1,539 |
beige_book | 1,989 | Most District reports indicate somewhat stronger regional economic activity on balance in December and early January than at the time of the last reports in November, with much of the growth centered in the retail and industrial sectors. It would appear, on the basis of these reports, that the national economy ... | 1,309 |
beige_book | 1,989 | Economic activity for most of the country is reported to be expanding at a moderately strong pace. Consumer spending, except for autos, has apparently gained momentum while manufacturing, especially for export, continues to show strength almost everywhere. Energy and, to a lesser extent construction, remain the... | 1,107 |
beige_book | 1,989 | The nation's economy grew at a moderate, sustainable pace in February, March, and early April. Business activity was relatively strong in the Midwest and South. Consumer spending in most of the country was moderately strong, but signs of slowing were apparent in the Northeast and West. Manufacturing activity ex... | 1,566 |
beige_book | 1,989 | Economic activity for most of the nation continues to advance, but a number of Federal Reserve districts note ebbing rates of expansion. Although auto sales have dipped, reports of retail sales are generally positive. Manufacturing growth is leveling off. Real estate markets are sluggish. In the resources secto... | 1,106 |
beige_book | 1,989 | Summary Comments received by Reserve Banks from business and other contacts suggest that the nation's economy continues to grow slowly. Most Districts report slow growth in general merchandise sales, with strength in women's apparel Auto sales are weak in a majority of Districts, although Dallas reports signifi... | 1,154 |
beige_book | 1,989 | Summary Most Federal Reserve districts describe the growth of economic activity as modest or slow, although regional variation in activity is substantial. Consumer spending has been mixed, but most districts report strong sales of apparel and cars recently. Manufacturing conditions are generally satisfactory or... | 1,174 |
beige_book | 1,989 | The pace of economic growth is reported as slow to moderate in most Federal Reserve districts. Consumer spending is mixed, with a number of districts describing retail sales as steady to growing slowly. Manufacturing activity is also mixed, with some districts reporting weakness in orders and shipments. Weaknes... | 1,632 |
beige_book | 1,989 | Most Federal Reserve districts describe economic activity as stable to modestly expanding, though two note some recent softening. Consumer spending has varied among districts. Strength has been mostly confined to nondurable items, while sales of autos and other durables have generally been weak. The majority of... | 1,229 |
beige_book | 1,990 | Economic activity is expanding slowly in most of the nation, with conditions somewhat stronger in the West than the East. Retail sales in the holiday season ranged from "disappointing" in Boston to modest in Philadelphia and Atlanta and relatively strong in Chicago, Minneapolis, and San Francisco; however, wide... | 1,405 |
beige_book | 1,990 | Summary Most Federal Reserve Districts describe economic activity as expanding slowly. Consumer spending varies from moderate to strong, except for auto sales which have slowed after a January rebound. The manufacturing sector is soft, but is improving in some Districts. The weakness in autos and auto-related i... | 1,262 |
beige_book | 1,990 | District reports indicate that overall economic activity continues to expand slowly in April. The agriculture sector reports some weather-related damage to specific crops, but drought fears have been alleviated by recent rains, and the farm outlook is generally optimistic. Natural resource industries are genera... | 1,910 |
beige_book | 1,990 | The tone of District reports suggests continued slow growth in the economy with little change in the underlying inflation rate. Reports on the behavior of consumption are mixed, and construction is indicated to be softening further. Capital goods industries are, on balance, pointing toward growth, and manufactu... | 1,521 |
beige_book | 1,990 | Business and banking contacts in the Reserve Districts generally report continued economic growth, though most noted that the pace was slow or had slackened recently. Among those Districts whose respondents commented on costs or prices, wages were reported as rising in a range of 3 to 5 percent, in most cases e... | 1,747 |
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