Day: January 12, 2022

Employers

Beige Book: Economic Activity Expands; Labor Demand Strong

U.S. Federal Reserve (01/12/22) Economic activity across the U.S. expanded at a modest pace in the final weeks of 2021. Contacts from many Districts indicated growth continued to be constrained by ongoing supply chain disruptions and labor shortages. Although optimism remained high generally, several Districts cited reports from businesses that expectations for growth over the next several months cooled somewhat during the last few weeks.

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