The Federal Reserve's latest Beige Book indicates that economic activity expanded at a slight to modest pace in 11 of its 12 districts from late May to June, with one district reporting no change. Overall, prices rose moderately, with nine districts experiencing moderate price increases, two seeing stronger increases, and one reporting a smaller increase. The pace of price increases was either flat or slowed compared to the previous period. Employment levels generally rose, with five districts noting moderate, modest, or steady growth, while seven districts reported little or no change. Businesses surveyed expect continued economic expansion in the coming months, although there is significant uncertainty regarding future fuel costs.