Tag Archives: Beige

Fed Beige Book reports first negative impact of coronavirus on U.S. economy

Fed Beige Book reports first negative impact of coronavirus on U.S. economy

The outlook: The coronavirus outbreak was starting to have an impact on the U.S. economy, especially the travel and tourism industry, according to the Federal Reserve’s Beige Book report released Wednesday. The report, a collection of anecdotes from the central bank’s business contacts around the country, found worries that manufacturing …

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