Oddbean

Fed survey shows signs of economic recovery and soaring labor and market activity ========== The Federal Reserve's survey of economic conditions, known as the Beige Book, revealed signs of economic recovery and soaring labor and market activity. The survey, which covers the period from early July to late August, showed that economic activity increased in most districts, with the pace of growth ranging from slight to moderate. The labor market also showed improvement, with employment increasing in most districts and reports of labor shortages and difficulties in hiring. The survey also highlighted strong housing market activity, with robust demand for homes and rising prices. However, the report also noted concerns about the Delta variant of COVID-19 and its potential impact on economic growth. Overall, the Beige Book suggests that the US economy is continuing to recover, but challenges remain. #FederalReserve #BeigeBook #EconomicRecovery #LaborMarket #MarketActivity #Covid19 #DeltaVariant https://news.google.com/rss/articles/CBMiZGh0dHBzOi8vYWJib25ld3MuY29tL3VzLW1hcmtldHMvZmVkLXN1cnZleS11cy1maXJtcy1zaWduYWwtc2xvd2luZy1hY3Rpdml0eS1hbmQtc29mdGVyLWxhYm9yLW1hcmtldC_SAQA