Federal Reserve Bank of Minneapolis Issues Beige Book for Oct. 20, 2021
October 21, 2021
October 21, 2021
WASHINGTON, Oct. 21 -- The Federal Reserve Bank of Minneapolis issued the following Beige Book for Oct. 20, 2021:
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Summary of Economic Activity
The Ninth District economy grew moderately since late August. Employment saw moderate growth, with hiring demand continuing to outpace labor availability. Wage pressures were strong, while price pressures increased slightly from an already elevated level. Growth was noted in commercial construction and manufact . . .
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Summary of Economic Activity
The Ninth District economy grew moderately since late August. Employment saw moderate growth, with hiring demand continuing to outpace labor availability. Wage pressures were strong, while price pressures increased slightly from an already elevated level. Growth was noted in commercial construction and manufact . . .