Beige Book: Economic activity flat to slightly down in most Districts ...Middle East

The Federal Reserve's latest Beige Book report paints a picture of an economy that's treading water, with slight growth in some areas offset by declines in others. Economic activity grew slightly in three Districts, while nine reported flat or declining activity. Employment levels held steady overall, though some firms are becoming more selective in hiring amid economic uncertainty. Wage growth was modest, while price increases ranged from slight to moderate.Consumer spending ticked down in most Districts, with auto sales showing mixed results. Manufacturing activity declined in most areas, continuing a trend of contraction in the sector. The housing market remained mixed, with softening hom

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