American Staffing Association (06/06/13) Alex Karaer
According to the latest report issued by the federal reserve on economic conditions across the 12 U.S. districts (known as the “beige book”), the nation’s economy maintained a “modest to moderate” pace of growth during April and May. Most districts noted moderate gains in consumer spending and an expansion in manufacturing activity. A wide variety of business services reported gains and residential and commercial real estate market activity was positive. Hiring was limited across several districts, with some contacts noting a shortage of skilled workers. Wage pressures were generally contained.