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March 6 2008 Release

March 6 2008 Release - Current Economic Condition The Beige...

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March 6, 2008 Weekly Claims Release Still high, decreased a little, around 359,000 Productivity and Costs Release 1.9% productivity, slight change from 1.8 but may be rounding Hours decreased by 1.6%- shows the labor market is declining
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Unformatted text preview: Current Economic Condition- The Beige Book • Anecdotal evidence to reinforce the current data • Economic growth slowed • Real estate weak • Dollar is weakening • We expect the fed to decrease another 50 basis points...
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