Federal Reserve Bank of St. Louis Issues Beige Book for Nov. 30, 2022
December 03, 2022
December 03, 2022
WASHINGTON, Dec. 3 -- The Federal Reserve Bank of St. Louis issued the following Beige Book for Nov. 30, 2022:
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Summary of Economic Activity
Economic conditions have remained unchanged since our previous report. Firms reported softening consumer demand, but labor shortages for high-skilled jobs remained a key issue. However, a rising share of firms reported being able to find and retain low-skilled workers. Upward pressure on wages remained strong in i . . .
* * *
Summary of Economic Activity
Economic conditions have remained unchanged since our previous report. Firms reported softening consumer demand, but labor shortages for high-skilled jobs remained a key issue. However, a rising share of firms reported being able to find and retain low-skilled workers. Upward pressure on wages remained strong in i . . .