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flag U.S. economic growth was modest in early 2026, with most Fed districts seeing slight expansion, stable employment, and steady price increases.

flag Economic activity in most U.S. Federal Reserve districts showed slight to modest growth in early 2026, according to the January 14 Beige Book, with eight districts reporting expansion, three seeing no change, and one declining. flag Employment trends varied, with some regions seeing gains, others slight drops, and many reporting flat levels. flag Wage growth eased from peak levels but remained a concern, while prices rose modestly. flag The reports, based on anecdotal business contacts, reflect a broadly stable but tepid national economy, providing input for upcoming Federal Reserve policy decisions.

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