Consumer loan quality has held steady. Wages and Prices Contacts continue to report problems with tight labor markets. Some Florida firms are having trouble finding mid-level managers to fill positions that were downsized a few years ago. Although continued low unemployment rates are driving up wages in parts of the region, most firms are absorbing costs in order to remain competitive in the marketplace. Business expansions and relocations are down in parts of the District because of problems with labor availability.
Prices remain stable, with a few exceptions.
Paper and steel prices remain weak. Competition is expected to hold back most price increases into the foreseeable future. To comment on this site, please fill out our feedback form.