Federal Reserve Bank of St. Louis Issues Beige Book for May 31, 2023
June 01, 2023
June 01, 2023
WASHINGTON, June 1 (TNSres) -- The Federal Reserve Bank of St. Louis issued the following Beige Book on May 31, 2023:
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Summary of Economic Activity
Economic conditions have remained unchanged since our previous report. Contacts continued to report difficulty hiring workers, but generally had a slightly easier time finding and retaining workers. Wages and other input costs increased modestly, which led to margin compression, as firms were unable to pass . . .
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Summary of Economic Activity
Economic conditions have remained unchanged since our previous report. Contacts continued to report difficulty hiring workers, but generally had a slightly easier time finding and retaining workers. Wages and other input costs increased modestly, which led to margin compression, as firms were unable to pass . . .