Beige Book: Regional market growth remains mostly flat

Economic growth in some US regions in September was offset by challenges in others, causing the market to appear largely unchanged overall, according to the Federal Reserve’s latest Beige Book report.

The Fed’s report, posted Oct. 15, includes economic findings from the six weeks preceding Oct. 6 across 12 US districts. Five districts reported no change from the previous report, four reported some softening in their regions, while the remaining three experienced modest growth.

Kristen DiLandro

Kristen DiLandro is a reporter for Steel Market Update. Kristen focuses on the micro and macro steel market conditions informing North American spot prices. Following her agency career in advertising, she attained an MFA in Writing from Savannah College of Art and Design. Kristen can be reached at kristen@steelmarketupdate.com or 724-221-8143.