In the most recent beige book report, recent economic growth in the St. Louis area is considered “moderate to average.”
The Federal Reserve’s July Beige Book reports that St. Louis is right on track with the rest of country when it comes to growth in the economy.
In the St. Louis area, manufacturing made a strong showing in some sectors, especially in automotive and furniture.
Region that St. Louis is part of sees growth in home and auto sales
Results show Sept. to Dec.
All other Federal Reserve Districts across the U.S. showed slow to moderate economic activity
Manufacturing and services sectors are bright spots
But it had a little promising news for the 8th Federal Reserve District, which includes St. Louis.
Fed “Beige Book” shows increases in manufacturing, retail