Beige Book Supply Chain Issues Low Inventories Continue To Restrain Growth
The most recent Beige Book — the Federal Reserve’s publication concerning current economic conditions across the 12 U.S. districts delineated by the Fed — indicates that economic activity has expanded at a modest to moderate pace since mid-January. By Yaёl Bizouati-Kennedy See: Restaurants Facing More Supply Chain Issues Than Just Food Shortages Find: Powell Confirms March Rate Hike, Says Attack on Ukraine has ‘Uncertain Implications’ for US According to the Fed report released March 2, many districts reported that the surge in COVID-19 cases temporarily disrupted business activity as firms faced heightened absenteeism....