Beige Book: N.E. economy continued COVID-19-related decline into May

ECONOMIC ACTIVIY in the New England region was said to have continued its COVID-19-related decline into May in the most recent Beige Book report from the Federal Reserve. / COURTESY FEDERAL RESERVE
ECONOMIC ACTIVIY in the New England region was said to have continued its COVID-19-related decline into May in the most recent Beige Book report from the Federal Reserve. / COURTESY FEDERAL RESERVE
PROVIDENCE – Economic activity in New England continued to decline into May, according to the Federal Reserve’s Beige Book published Wednesday. The survey of local businesses and organizations reflects business activity from April through May 18. Employment and wages in the region were said to be down generally among all contacts. Eight out of 10…

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