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Eighth District Businesses Report Stronger Inflationary Pressures
In a February survey, 43% of regional firms reported implementing price increases to customers that were higher than what they had originally planned.
Commercial Banks in District, Nation Finish 2021 in Strong Position
Banks continued their rebound, posting satisfactory earnings and asset quality measures well above industry benchmarks.
How Eighth District Firms Have Responded to Higher Inflation
More Eighth District firms reported that rising labor and nonlabor costs will lead to price increases. They also indicated a greater ability to push through increases.