Economic stresses have increased over the past several weeks, according to a new report from the Federal Reserve, which noted softening in consumer spending, continued inflation pressure, and more evidence of a pullback in bank lending. The Fed’s latest “Beige Book,” a compendium of surveys and interviews carried out across its 12 districts, showed that…
US Economy Not Expected to Improve in Months Ahead: Fed’s Beige Book
The U.S. economy experienced robust growth to kick off 2023, but the outlook for the coming months was not as strong, according to the latest Federal Reserve Beige Book report. Overall economic activity was driven by “steady” consumer spending and stabilizing manufacturing activity following several months of contraction. The Bureau of Economic Analysis (BEA) recently…
Inflationary Pressures Leading to ‘Weak Demand,’ Expensive Housing, and Food Insecurities: Fed’s Beige Book
October 20, 2022
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Beige BookBusiness & Marketseconomic recessioneconomyfed reportfood insecurityhigh inflationhousing affordabilityinflationUS
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U.S. economic activity was mostly flat, while some regions showed a decline with low spending following interest-rate hikes, said a recent report from the Federal Reserve, indicating an overall pessimistic outlook underlined by weekend demand. “Four districts noted flat activity and two cited declines, with slowing or weak demand attributed to higher interest rates, inflation,…
Fed Report Reveals Nationwide Economic Slowdown, Increased Fear of Recession
July 14, 2022
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Beige BookBusiness & Marketsconsumer spendingeconomic recessioneconomyhigh inflationinflationjob growth slowsrecessionUS
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The Federal Reserve’s most recent Beige Book report has raised concerns about inflation and a slowdown of the economy, including an impending recession. The Beige Book—the shorthand name for the Summary of Commentary on Current Economic Conditions by Federal Reserve District—provides an update on economic conditions in each of the Fed’s 12 districts and is released…
Supply Chain Crisis, Labor Shortages Holding Back Economic Growth: Fed
December 2, 2021
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Beige BookBusiness & Economyeconomic policieseconomyinflationjerome powellPolicies & ImpactsU.S. Federal ReserveUS
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Rising inflation, labor shortages, and supply chain disruptions were acting as resistance to the growth of the U.S. economy as it entered a period of revival, according to a new Federal Reserve report released on Wednesday. There has been an increase in consumer spending but labor and material shortages have restricted economic growth to a…
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