$USD The Fed’s Beige Book was released Wednesday showing the US economy continues to be performing strongly. Manufacturing was stronger, employment remains strong across the economy, but bad weather and bad politics have taken their toll. On the latter, 50% of the reporting areas said that the government partial shutdown had been hurting local growth. […]
America’s Factories Have Shifted into Higher Gear US factories ramped up production in late April and early May despite the talk of a global trade war, but soft consumer spending kept the economy growing at a moderate rate, the Fed reported Wednesday. In its periodic “Beige Book” summary of contacts with businesses in its 12 regional […]