The FED Said Economic activity in the Southeast dropped sharply from the middle of February through March as the COVID-19 pandemic spurred business shutdowns and job losses, according to the Federal Reserve’s latest Beige Book report on regional economic conditions. Across the Federal Reserve Bank of Atlanta’s coverage area, which includes the states of Alabama, Florida, Georgia, […] 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
The FED Said Federal Reserve Bank of Atlanta Summary of Economic Activity Sixth District business contacts reported that economic activity continued at a modest pace from April through mid-May. The outlook among contacts remains optimistic as most firms expect modest growth to continue over the next three to six months. District firms continued to report […] Read more
The FED Said Last summer, we reported that one fifth of firms in the July Survey of Business Uncertainty (SBU) were reassessing capital expenditure plans in light of then-recent tariff hikes and retaliation concerns. Roughly 6 percent had already cut or deferred capital spending as a result of tariff worries. Since then, tariff hikes and trade policy […] Read more