Fed Beige Book Sees Slight Growth, Moderating Wage Pressure

In contrast to recently released economic data, Fed districts report seeing weakness in some areas of consumer spending and smaller profit margins for businesses.

By Christopher Condon | April 17, 2024 at 03:15 PM

Photo: The Marriner S. Eccles Federal Reserve building in Washington, D.C.

The U.S. economy has "expanded slightly" since late February, and firms reported greater difficulty in passing on higher costs, the Federal Reserve said in its Beige Book survey of regional business contacts.

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U.S. CPI Revisions Confirm Inflation Progress in Late 2023

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