Most Fed Districts Report Little Employment Change
The Beige Book said most districts reported little to no change in employment levels, while five reported reduced staffing or delayed hiring.
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The Beige Book said most districts reported little to no change in employment levels, while five reported reduced staffing or delayed hiring.
Most Federal Reserve districts reported little or no net change in overall employment. Two districts reported moderate economic growth since the prior Beige Book; expectations generally point to slight growth, weighted toward manufacturing and tempered by persistent uncertainties.
() -- The US economy expanded at a "slight to moderate pace" in 11 of the 12 Federal Reserve districts, while the other district reported no change, the Federal Reserve's most recent Beige Book update released Wednesday showed. This was little changed from the previous Beige Book, the Fed said. Consumer spending was sl