10202018Sat
Last updateFri, 19 Oct 2018 1pm

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Manufacturing & The Economy

Beige Book: Manufacturers Concerned Over Trade

According to the Federal Reserve Beige Book, economic activity continued to expand across the U.S. with 10 of the 12 Federal Reserve Districts reporting moderate or modest growth. The outliers were the Dallas District, which reported strong growth driven in part by the energy sector, and the St. Louis District where growth was described as slight. Manufacturers in all districts expressed concern about tariffs and many districts reported higher prices and supply disruptions that they attributed to the new trade policies. 

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