FED'S 'BEIGE BOOK' CALLS RETAIL PICTURE BRIGHT

WASHINGTON (FNS) -- The Federal Reserve System's latest survey of business conditions released this month paints another portrait of generally robust retailing around the country.The report, know as the "beige book," because of the color of its cover, also has retailers in regions from Boston to San Francisco to Dallas reporting widespread labor shortages, but little acceleration in wages or evidence

WASHINGTON (FNS) -- The Federal Reserve System's latest survey of business conditions released this month paints another portrait of generally robust retailing around the country.

The report, know as the "beige book," because of the color of its cover, also has retailers in regions from Boston to San Francisco to Dallas reporting widespread labor shortages, but little acceleration in wages or evidence of rising inflation.

Overall, the report concluded: "District reports indic

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