Tag Archives: economic performance

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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Labor Gains and Pains – WSJ

Labor Gains and Pains - WSJ

Workers put up support scaffolding on the side of a building in Washington, D.C. Photo: andrew caballero-reynolds/Agence France-Presse/Getty Images Friday’s labor report for January was better than expected coming amid China’s coronavirus outbreak that is causing global economic uncertainty. The jobs growth trend is a testament to the U.S. economy’s …

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