Fed Beige Book: U.S. Economy Expanded at Modest to Moderate Pace Through Mid-October

Market news

25 October 2018

Fed Beige Book: U.S. Economy Expanded at Modest to Moderate Pace Through Mid-October

Dallas District Reported 'Robust Growth' Driven by Manufacturing, Retail Activity
Several Districts Reported Manufacturers Faced Rising Materials, Shipping Costs
Widespread Labor Shortages Linked to Wage Increases, Constrained Growth
Consumer Spending Increased at a Modest Pace
Many Firms Reported High Turnover Rates, Difficulty Retaining Workers

Fed Beige Book: Wage Growth Mostly Characterized As Modest or Moderate

New Zealand trade balance deficit rose more than expected in September

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.