Fed Says U.S. Growth Continues Modestly as Job Market Tightens

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  • Beige Book shows “widespread difficulties” finding workers
  • Some districts reported rebound in confidence after election

Fed Beige Book: Wages Gain Modestly Amid Tight Job Market

The U.S. economy continued to expand modestly from late November through the end of 2016 as a tightening labor market helped lift wages and prices more broadly, a Federal Reserve survey showed.

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