Fed beige book: employment climbed on balance, with five districts showing modest, moderate, or solid gains in employment, and with seven di
Fed beige book: employment climbed on balance, with five districts showing modest, moderate, or solid gains in employment, and with seven districts experiencing little to no change. - Economic activity increased at a slight to moderate pace in eleven of twelve Federal Reserve districts in late may and June, while one district reported no change. - Contacts generally expected the economy to continue to expand in the coming months, but several districts noted elevated uncertainty in the outlook for fuel costs. - Prices increased moderately overall, with nine districts reporting moderate growth, two robust growth, and one slight growth; compared with the last reporting period, price growth was the same or slower in all districts.
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Fed beige book: employment climbed on balance, with five districts showing modest, moderate, or solid gains in employment, and with seven districts experiencing little to no change. - Economic activity increased at a slight to moderate pace in eleven of twelve Federal Reserve districts in late may and June, while one district reported no change. - Contacts generally expected the economy to continue to expand in the coming months, but several districts noted elevated uncertainty in the outlook for fuel costs. - Prices increased moderately overall, with nine districts reporting moderate growth, two robust growth, and one slight growth; compared with the last reporting period, price growth was the same or slower in all districts.