US State Economies Show Strength, but Future Growth May Wane: Fitch
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#babd9a67 ver:0.05

US state economies show strength, but future growth may wane. Divergence in data makes it unclear if the US economy is contracting or accelerating. Positive indicators of growth are countered by state-level unemployment data suggesting an economic downturn. The Federal Reserve is monitoring the situation, as positive data increases chances of tightening monetary policy but also raises the risk of a recession. Gold prices surge due to Middle East crisis, indicating a flight to safety. Mixed financial results from major tech companies add to uncertainty. New study shows economic recoveries have become more uniform across states, with implications for federal macroeconomic policy. Fitch Ratings report indicates solid economic growth for US state governments, but weaker medians expected in the coming months. Slower growth and tax policy changes are catalysts for credit conditions. #US #economy #growth #recession #FederalReserve #data #uncertainty #FitchRatings...

#newstr #UsStateEconomies #FitchRatings #EconomicGrowth #StateGovernments #RevenueGrowth #CreditConditions 

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