Discussion Paper

What Businesses Are Saying: Conditions and Sentiment Continued to Diverge


Abstract: Economic sensing provides a steady flow of information about economic and business conditions in the Fifth District. These conversations are particularly useful in times of change, such as following the Federal Open Market Committee's first rate hike since mid-2023. Between mid-September and mid-October, we spoke with dozens of Fifth District business leaders to understand what they're thinking, what they're doing, and how they're viewing the months ahead.

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Provider: Federal Reserve Bank of Richmond

Part of Series: Regional Matters

Publication Date: 2026-10-30