At least economic activity is no longer 'decelerating,' as reported in the previous beige book,
At least economic activity is no longer 'decelerating,' as reported in the previous beige book,
The March Beige Book paints a clear picture of an economy straining at the seams. Significantly, compared to recent Beige Books, there was more detail, and a more worrying tone, to the comments on the labor market.
There is a clear change in the tone of the Beige Book, but not all the news is good.
© 2020 Inspirational Stories
© 2020 Inspirational Stories