• Fed Beige Book: economic activity expanded moderately across most of U. S. in late april, early may

Market news

31 May 2018

Fed Beige Book: economic activity expanded moderately across most of U. S. in late april, early may

  • Employment grew at modest to moderate pace across most Fed districts

  • Firms reported difficulty finding workers across skill levels

  • Most districts reported modest wage growth

  • Prices rose moderately in most districts

  • More than half of districts reported a pickup in industrial activity

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