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BULLET: FED BEIGE BOOK: 11 districts reported "modest to.....>

- Bonds & Currency News | Market News" >
FED BEIGE BOOK: 11 districts reported "modest to moderate" econ growth 
since the last Beige Book, while the Dallas district reported "a robust 
increase," a mostly positive reading for the Fed to ponder at their next 
meeting. Overall, there was an optimistic view about 2018 across the US. 
-Employment grew at a "modest" pace, but still with labor market 
tightness and difficulty finding qualified workers. Most reported 
wages increased at a "modest" pace, while some reported firms expect 
wages to go higher.
-Price growth remained "modest to moderate", though Chicago noted only a 
slight price gain, while San Francisco noted price infl was down. Some 
reported the ability to increase selling prices.
-Home sales are still held back by low inventory, while prices continue 
to rise. Nonresidential activity still seeing slight growth.
-Non-auto retail sales expanded in recent month, with holiday sales 
stronger than expected. Auto sales, however, were mixed.
- Bonds & Currency News | Market News" >

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