Beige Book reports modest economic expansion in New England

THE FEDERAL RESERVE Bank of Boston reported that economic activity in the First District expanded at a moderate pace from July through August. / COURTESY FEDERAL RESERVE BANK
THE FEDERAL RESERVE Bank of Boston reported that economic activity in the First District expanded at a moderate pace from July through August. / COURTESY FEDERAL RESERVE
PROVIDENCE – Economic activity in New England expanded at a moderate pace, according to the Federal Reserve Bank of Boston in the most recent Beige Book report released Wednesday. The report said that the First District still had a tight labor market from early July to late August, with net hiring near zero, with mixed…

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