US FED Beige Book release on 30.05.2018

  • Consumer spending was soft
  • Non-auto retail sales growth moderated somewhat and auto sales were flat
  •  Manufacturing shifted into higher gear with more than half of districts reporting pickup in industrial activity and a third classifying activity as strong
  • Prices rose moderately in most Districts, while the remainder reported slight or modest increases.
  • Firms reported difficulty finding workers
  • Employment rose at modest to moderate rate across most districts
  • Contacts noted some concern about the uncertainty of international trade policy
  • Here’s the link
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