• Fed Beige Book: Eight of Twelve Fed Districts Reported Modest to Moderate Growth Through Early January

Market news

17 January 2019

Fed Beige Book: Eight of Twelve Fed Districts Reported Modest to Moderate Growth Through Early January

  • All Fed Districts Noted Labor Markets Tight

  • Majority of Fed Districts Reported Moderate Wage Gains

  • Prices Rose at Modest to Moderate Pace in Majority of Districts

  • Companies' Outlooks Generally Positive

  • Many Businesses Less Optimistic Due to Stock Market Volatility, Rising Interest Rates

  • Several Districts Noted Home Sales Restrained By Rising Prices, Low Inventory

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