Fed Beige Book cites data center builds supporting regional growth
In its August 2026 Beige Book, the Fed said U.S. economic activity expanded at a modest pace from early July through late August, with manufacturing orders and data center infrastructure demand supporting regional expansion.
Economic activity across the United States expanded at a modest pace from early July through late August, strengthened by steady manufacturing orders and strong demand for data center infrastructure, according to the Federal Reserve’s August 2026 Beige Book released on Wednesday.Ten of the Fed’s 12…