Day: October 22, 2020

Economic Activity Rises Amid Tight Labor Market

U.S. Federal Reserve (10/21/20) Economic activity continued to increase across all districts, with the pace of growth characterized as slight to modest in most districts. Changes in activity varied greatly by sector. Manufacturing activity generally increased at a moderate pace. Consumer spending growth remained positive, but some districts reported a leveling off of retail sales and a slight uptick in tourism activity. Districts characterized the

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