State Econ data is softer than Saratoga Springs in summer

Uncertainty still casts a pall over the economy.

The cover of the August 2025 “Beige Book,” a report from the Federal Reserve that is as exciting as its name. (Image: Fed)

The Federal Reserve Board posted its “Beige Book,” last week, a economic report as thrilling as its name. Released monthly, the Beige Book covers both national and regional economic indicators collected from data and from interviews with regional businesses and leaders.

In the New York state region, uncertainty seems to be key while Saratoga Springs beats many of the state’s numbers.

“Economic activity in the Second District [the New York region] continued to decline