Tipoffs for Maine (New England)
Federal Reserve Bank of Boston Issues Beige Book for Jan. 12, 2022
WASHINGTON, Jan. 18 -- The Federal Reserve Bank of Boston issued the following Beige Book for Jan. 12, 2022:
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Summary of Economic Activity
Business activity in the First District was steady or up slightly on balance. Employment increased modestly and wages advanced at a strong pace. Input pricing pressures stayed high or intensified, and firms' output prices increased moderately. Retailers had mixed recent results but performed well above pre-pandemic levels, while tourism contacts repor
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