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Industry Tracks Seasonal Trends in Fifth District
In Raleigh, the July to early August period showed trade close to seasonal norms across the fifth Federal Reserve District. While overall volume lagged the prior year, prospects for fall improved due to better agricultural outlooks, with cotton yield forecasts and rising tobacco prices supporting a profitable season for growers.
MENTIONED IN THIS ARTICLE
Raleigh
Federal Reserve District
William W. Hoxton
Federal Reserve Bank of Richmond
Fedral Reserve
Department of Agriculture
South Carolina
West Virginia
Perente