US Stocks Remain Lower After Release of Fed's Beige Book on Nostr: Fed's Beige Book Shows Signs of Slowing Economic Growth in the US, but Survey Reveals ...
Fed's Beige Book Shows Signs of Slowing Economic Growth in the US, but Survey Reveals Signs of Recovery and Soaring Labor and Market Activity
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#2695b6ab ver:0.49
The Fed's Beige Book reveals signs of slowing economic growth in the US, but also shows signs of recovery and soaring labor and market activity. Retail spending is flat, housing demand is rising, and overall outlooks are more pessimistic. However, the stock market's reaction is muted, indicating a wait-and-see approach. The overall outlook for the US economy remains positive, with expectations of stronger demand. Firms are more pessimistic about the future, citing weakening consumer demand and increasing inflation. The Beige Book also highlights concerns about supply chain disruptions and labor shortages. Despite the slowdown, economic conditions remain positive. The survey shows signs of economic recovery, with increased economic activity, employment, and housing market activity. Challenges remain due to the Delta variant of COVID-19. #US #economy #recovery #BeigeBook...
#newstr #FederalReserve #BeigeBook #EconomicGrowth #TradeTensions #StockMarket #ConsumerDemand #Inflation #InterestRates #SupplyChainDisruptions #LaborShortages #EconomicRecovery #LaborMarket #MarketActivity #Covid19 #DeltaVariant
https://here.news/story/2695b6ab?ver=0.49
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#2695b6ab ver:0.49
The Fed's Beige Book reveals signs of slowing economic growth in the US, but also shows signs of recovery and soaring labor and market activity. Retail spending is flat, housing demand is rising, and overall outlooks are more pessimistic. However, the stock market's reaction is muted, indicating a wait-and-see approach. The overall outlook for the US economy remains positive, with expectations of stronger demand. Firms are more pessimistic about the future, citing weakening consumer demand and increasing inflation. The Beige Book also highlights concerns about supply chain disruptions and labor shortages. Despite the slowdown, economic conditions remain positive. The survey shows signs of economic recovery, with increased economic activity, employment, and housing market activity. Challenges remain due to the Delta variant of COVID-19. #US #economy #recovery #BeigeBook...
#newstr #FederalReserve #BeigeBook #EconomicGrowth #TradeTensions #StockMarket #ConsumerDemand #Inflation #InterestRates #SupplyChainDisruptions #LaborShortages #EconomicRecovery #LaborMarket #MarketActivity #Covid19 #DeltaVariant
https://here.news/story/2695b6ab?ver=0.49