Beige Book Shows “Slight to Modest” Economic Growth

The Fed released its final Beige Book before the presidential election this week. Offering a qualitative look at the economy on a regional basis, the Beige Book can be worth a quick read.

The most recent edition seems to affirm the thinking of many regarding the economic recovery: it has slowed. 

Economic gains were described as “slight to modest” in this month’s edition. This is better than the “sharp and abrupt” contraction highlighted in the nadir of the COVID-19 pandemi...

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