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US economy expands with wide range of wage growth
Beige Book notes that while wages generally increased since the start of the year, the growth was inconsistent
Add BT as a preferred sourcePublished Thu, Mar 3, 2016 · 09:50 PM
Washington
THE US economy continued to expand across most of the country, while wage growth was described as varying widely, "from flat to strong", a Federal Reserve report showed.
Seven of the Fed's 12 regional districts characterised the economy as growing "moderately", at a "modest pace" or "slightly," according to the central bank's Beige Book, an economic survey published eight times a year.
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