WASHINGTON, May 3 -- The Federal Reserve Bank of Minneapolis issued the following Beige Book on April 23, 2025: * * * Summary of Economic Activity Economic activity in the Ninth District edged lower across most sectors since the last report. Employment decreased and labor demand continued trending down. Wage pressure grew modestly, while prices moved moderately upward. Consumer spending fell slightly with noted exceptions, particularly on vehicle sales. Construction activity fell overall, ref  more

WASHINGTON, May 3 -- NASA issued the following news release: * * * NASA Invests in Future STEM Workforce Through Space Grant Awards NASA is awarding up to $870,000 annually to 52 institutions across the United States, the District of Columbia, and Puerto Rico over the next four years. The investments aim to create opportunities for the next generation of innovators by supporting workforce development, science, technology, engineering and math education, and aerospace collaboration nationwide.  more