Board of Governors of the Federal Reserve System

markets weakened further. District banks reported stable banking conditions...markets. Consumer Spending District retailers reported stronger than expected

market share lost earlier in the year. Most retailers contacted were very...Markets District labor markets tightened slightly through September and

market conditions weakened. Construction declined, and manufacturing activity...markets. Contacts reported increased concern with expenses given declining

market extends to all types of service workers. For example, in Dallas...market. Most manufacturers did not report labor shortages or wage pressures

market for some industries, but labor market conditions remained tight...markets remained tight for some types of workers, but loosened markedly

markets in and around New York City tightened further, while New Jersey's...markets in New York and New Jersey continued to strengthen in the early

markets remained very tight in most of the district, with slightly less...markets. Survey respondents were substantially less optimistic about the

markets became even tighter, but wage pressures did not appear as intense...market in several large cities has also been quite strong, as expanded

markets. Credit demand in the District remained high in recent months,...and, in some cases, delayed the completion of projects. Contacts in the

markets, especially in Florida, was reported by Realtors and homebuilders...markets remained tight in several industries, while price pressures, particularly