The Federal Reserve has released its Beige Book report, which offers important insights into the economic outlook. According to the report, economic expectations across the US remain largely optimistic, with moderate to moderate growth projected for most regions in the coming months.
According to the Fed’s report, which uses data collected up to February 23, 2026, economic activity increased slightly to moderately in seven of the country’s twelve regions. Conversely, the number of regions reporting stagnant or declining economic activity increased from four to five.
Labor market data showed that companies continued to compete for workers. The report noted that wages continued to rise at a modest pace in most regions, with businesses making limited wage increases to meet labor demand.
Looking at price developments, moderate price increases have continued in recent weeks. According to the report, eight regions reported moderate price increases, while four regions reported small to moderate price increases. Overall, the Beige Book indicates that the US economy continues to grow, but the pace of activity is beginning to slow in some regions.
*This is not investment advice.