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Beige Book: Economy stagnant in recent weeks

Summary by BankBeat
Economic conditions have changed little in recent weeks, according to the Jan. 15 Beige Book.  Economic activity and employment increased in the Chicago region. “Nonbusiness contacts saw a modest increase in activity; consumer spending was up slightly; construction and real estate and business spending were flat; and manufacturing decreased modestly,” according to the Federal Reserve. “Net farm incomes were above average in 2023.”   District eco…
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Boston, Massachusetts

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