Andy Bauer, Renee Haltom, and Matt Martin share what they are hearing about economic conditions from their business contacts in the Fifth District. They also discuss variations in conditions by sector and region as well as how businesses currently view labor markets and price levels. Bauer, Haltom, and Martin are regional executives at the Federal Reserve Bank of Richmond.

Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2025/speaking_2025_11_05_what_biz_are_saying