Consumer price sensitivity remained elevated as several reports mentioned weakness in discretionary spending. Bank lending was flat, while residential construction increased. There is a shortage of qualified applicants for certain positions, including machinists, trades workers, and hospitality workers.

Districts reported:

  • 85% economic growth.
  • 75% employment increases.
  • 25% manufacturing growth.
  • 50% energy price increases.
  • 100% wage growth.