The Fed's Beige Book shows that, overall, economic activity in almost all regions has changed little since the beginning of September, although two regions have reported moderate growth.
The Federal Reserve's Beige Book pointed to a slight increase in economic activity in the three regions, while reporting flat economic activity.
The Fed Beige Book notes that, in general, prices rose modestly during the most recent reporting period. However, selling prices rose only slightly in three regions. The increase in non-labor input costs, which was largely described as moderate to moderate, was generally moderating, although one region reported that input cost growth was accelerating. Freight and insurance expenses continued to increase in some regions. In contrast, some regions noted some moderation in cost pressures for food, ...
The Fed's Beige Book shows that economic activity in most regions has maintained a moderate to moderate pace of growth in this reporting cycle; price increases have been moderate, and wage growth has ranged from moderate to moderate; household spending has remained largely unchanged in most regions; and employment has increased slightly.