The Fed’s Beige Book found World Cup‑driven gains for hotels and bars in host cities but limited broader consumer spending gains as oil prices and weaker international visits weighed.
Fed Beige Book: World Cup boosted hotel occupancy and beer sales in host cities, but overall consumer services growth remained constrained by weaker visitation and higher oil prices.
Fed Beige Book: World Cup boosted hotels and bars in host cities, but broader consumer spending slowed as visitors and discretionary spending softened.
The Fed’s Beige Book: World Cup raised hotel occupancy and beer sales in host cities, but broader consumer spending on services remained muted amid cost pressures.
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