The FED Said The word cycle contains the notion of regularity. Yet one of the most important cycles of all, the business cycle, is anything but predictable. Plainly put, the business cycle is how economists refer to the inevitable ups—expansions— and downs—contractions, or recessions—of economic activity over time. But determining exactly when a cycle ends and […] Read more
The FED Said Federal Reserve Bank of Atlanta Summary of Economic Activity Sixth District business contacts indicated that economic activity softened slightly during the reporting period. Many firms noted persistent challenges with filling positions. Annual wage increases remained between 3-4 percent, on average, and businesses across the District continued to report increased nonlabor input costs. […] Read more
The FED Said The Federal Reserve Bank of Atlanta’s Beige Book survey of regional economic conditions reported that economic activity in the Southeast softened slightly in recent weeks. Published September 4, the report says business contacts reported slowing activity during late July and August in sectors including manufacturing, hospitality, and residential real estate. Although sales remained steady, […] Read more