Beige Book: Most districts report flat economic activity

Economic activity across the US was largely static with some modest activity unfolding at a sluggish pace, according to the US Federal Reserve’s (The Fed) latest Beige Book report. Notably, strong gains in home sales were offset by flat consumer spending.

The Fed’s latest economic report, posted on Nov. 26, consists of economic findings from the six weeks preceding Nov. 17 throughout 12 districts. Typically, the report is released a few weeks ahead of policy meetings, a total of eight times per year.

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.

Kristen DiLandro

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