Fed Beige Book Survey Shows U.S. Growth Steady

Fed Beige Book Survey Shows U.S. Growth Steady

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The Federal Reserve reports steady economic growth despite a tight labor market and trade concerns. Most Fed districts noted modest to moderate growth, with firms facing rising material and shipping costs. Uncertainties in trade and labor shortages persist, impacting firms' operations. The labor market shows stress, with full employment near but not affecting wage growth significantly. Data was collected before a market sell-off, which may alter perspectives.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What adjectives have been used to describe economic growth in recent months?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What pressures are firms facing according to the Fed's report?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the tone regarding the economy changed over the last few months?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were mentioned regarding the labor market and wage growth?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What date was the information collected that is referenced in the report?

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