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Federal Reserve releases Beige Book of Economic Conditions

GuShiio.com learned that the Federal Reserve released the Beige Book on the Economic Situation. The U.S. economy has grown slightly since mid-January, consumer spending has generally declined, and manufacturing activity has increased slightly in most regions, but companies have expressed concerns about changes in trade policies. Employment increased slightly, but jobs in the manufacturing and IT sectors decreased, and wage growth slowed down compared with the previous period. Prices have generally risen, and the increase has accelerated in some regions. It is difficult for companies to pass on cost pressure to consumers, and some of them raise prices in advance due to expected tariff increases. Regions are cautiously optimistic about the future economy, but have concerns about policy uncertainty and the impact of tariffs.

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