Fed's Beige Book: "Modest to moderate"expansion, "on-going labor market tightness"

Fed's Beige Book "This report was prepared at the Federal Reserve Bank of Atlanta based on information collected on or before January 8, 2018." Reports from the 12 Federal Reserve Districts indicated that the economy continued to expand from late November through the end of the year, with 11 Districts reporting modest to moderate gains and Dallas recording a robust increase. The outlook for 2018 remains optimistic for a majority of contacts across the country. ... On balance, employment continued to grow at a modest pace since the previous report. Most Districts cited on-going labor market......(read more)

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