Economic conditions have continued to improve in the Federal Reserve Bank of St. Louis region, with a tight labor market, slightly higher employment and modest wage growth.
Other developments, according to the Fed’s so-called Beige Book economic report:
Loan volume increased by 9 percent years over year in the first quarter, up from 7 percent growth for the previous quarter, driven by robust commercial and industrial lending, where loan volumes grew by 17 percent year over year.
Building material…
