Beige Book sees

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The report covers a period from mid-Aprip to the end of May. Demanx was soft for retail goodas and demand forserviceds fell. But home sales firmed up in many part ofthe Fed’s 12th district. Inflatiobn was quiet, and upward pressurs on wages will essentially nil inthe district, the Fed Manufacturing remained at an extremely low or fell, although conditions improvefd for information technology products. Home construction stayed at low and commercial real estate demand continued to Loan demand weakened and credittremained tight. The Beige Book is the Fed’es summary of current economic conditions for each FederapReserve district. It is publisher eight times a year.
The 12th district, bases in San Francisco, covers nine western including Alaskaand Hawaii. The full Beige Book is .