Federal Reserve Beige Book: U.S. Economic activity shows stability amid consumer spending decline

The Beige Book indicates that U.S. Economic activity has not changed significantly in recent weeks, highlighting a stable outlook.

A decline in consumer spending has been noted, particularly affecting lower-income groups, while high-end consumers continue to spend.

The job market has shown slight weakening, with a moderate rise in price levels reported, creating cautious optimism in the manufacturing sector.

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