Key facts
- U.S. economic activity increased modestly in recent weeks.
- Employment rose slightly.
- Prices increased moderately.
- The data was collected from the Federal Reserve's 12 regional banks.
The Federal Reserve's latest Beige Book report revealed that U.S. economic activity saw a modest increase in recent weeks. The report, which gathers qualitative economic data from all 12 regional Federal Reserve banks, also indicated a slight rise in employment and moderate increases in prices.
This report provides policymakers with a real-time assessment of current economic conditions across the country.