Economic activity in the Eleventh District expanded moderately over the past six weeks. Manufacturing demand strengthened, and activity among nonfinancial services firms increased. Retail sales generally rose, although there were some reports of weakness. Housing demand was solid, with gains in home sales. Loan demand increased, and the energy sector improved modestly. The agricultural sector improved thanks to favorable weather and rising crop and cattle prices. Employment and wages increased, as did prices. Outlooks generally improved.
Read more...Eleventh District Beige Book - Dallasfed.org
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