The US economy continued to expand at a "modest" to "moderate" pace between early January and mid-February. The Federal Reserve explained it in its Beige Book, the report published every six weeks on the state of health of the US economy. The result of the analysis carried out in the 12 districts in which the American central bank operates by collecting information up to 17 February, the document will be used in the next meeting of the Fed scheduled for 14-15 March.
The Fed cites a tight job market, in which it is difficult for some employers to find staff with the right skills. “The labor market remains tight, with some districts experiencing an increasing shortage of qualified” personnel. Price pressures "have changed little since the previous report."
