Employers report qualified entry-level workers were in short supply, and some manufacturers say engineers were hard to find. Computer specialists and skilled construction workers were also in short supply in many markets. A number of companies indicate they raised wages more than normal to attract entry-level workers. There were relatively few reports, however, of wage increases for other types of workers. Prices held steady at the retail level but increased for some construction materials such as lumber.
Retailers expect no major price changes in coming months.