Federal Reserve Bank of St. Louis Issues Beige Book for March 8, 2023
March 11, 2023
March 11, 2023
WASHINGTON, March 11 (TNSres) -- The Federal Reserve Bank of St. Louis issued the following Beige Book for March 8, 2023:
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Summary of Economic Activity
Economic conditions have remained unchanged since our previous report. Employers continue to report tight labor markets, although the pace of wage growth has slowed. Contacts reported slowing price increases and plans to accept tighter profit margins in order to maintain prices. Consumer spending was mi . . .
* * *
Summary of Economic Activity
Economic conditions have remained unchanged since our previous report. Employers continue to report tight labor markets, although the pace of wage growth has slowed. Contacts reported slowing price increases and plans to accept tighter profit margins in order to maintain prices. Consumer spending was mi . . .