The Federal Reserve Board’s latest Beige Book report was released this week, and the results are in line with reports from other agencies: the U.S. economy continued to deteriorate in January and February.
The report, a compilation of commentaries from each of the 12 Federal Reserve Districts, states that 10 of the 12 districts indicated weaker conditions or declines in economic activity, while Philadelphia and Chicago reported their regional economies remained weak.
Here’s the overview: (Read the full report.)
Deterioration was broad-based, with only a few exceptions, including basic food production and pharmaceuticals. …
Latest Fed Beige Book: Economic Weakness Deepens
The Federal Reserve Board’s latest Beige Book report was released this week, and the results are in line with reports from other agencies: the U.S. economy continued to deteriorate in January and February.
The report, a compilation of commentaries from each of the 12 Federal Reserve Districts, states that 10 of the 12 districts indicated weaker conditions or declines in economic activity, while Philadelphia and Chicago reported their regional economies remained weak.
Here’s the overview: (Read the full report.)
Deterioration was broad-based, with only a few exceptions, including basic food production and pharmaceuticals. …
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