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FED BEIGE BOOK: All 12 districts reported "modest to moderate" econ 
growth in Jan and Feb.
-All districts reported an increase in prices, most noting "moderate
inflation."
-Tax cuts has had mixed effects within the districts, with few reporting
modest increases in compensation due to the reform.
-Most districts saw employers raise wages and expand benefit packages 
due to labor mkt tightness. In many districts, wages reportedly "picked 
up to a moderate pace".  
-Employment grew at a "moderate" pace, but still saw labor mkt tightness 
and "brisk demand" for qualified workers, especially noticed in the 
construction, IT, and mfg sectors. 
-Consumer spending was mixed, with non-auto retail sales seeing increases
in over half of the districts, while auto sales were flat or declined in
every district. 
-Steel prices saw "a marked increase" across four districts in part due
to foreign competition decreasing.  
-Districts see modest growth in home sales and construction. However, 
construction remains constrained due to shortages in labor and materials.

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