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Federal Reserve Bank of Minneapolis Issues Beige Book on March 5, 2025
March 18, 2025
WASHINGTON, March 18 (TNSres) -- The Federal Reserve Bank of Minneapolis issued the following Beige Book on March 5, 2025:

Here are excerpts:

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Summary of Economic Activity

Economic activity in the Ninth District was steady since the previous report. Employment grew slightly, but hiring and labor demand softened. Price increases and wage growth were moderate. Consumer spending was flat with slight improvements in travel and tourism. Residen . . .

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