Similar Stories to Fed Reports Slowing Us Economic Activity Due To Virus Surge on Bing News

WASHINGTON — A Federal Reserve survey of business conditions around the country found that economic activity in several regions slowed in November as coronavirus cases surged. The Fed report released Wednesday said that overall, the Fed’s 12 regional banks characterized the economic expansion as “modest or moderate.” But it noted that three Midwest regions and the Philadelphia region reported activity had begun to cool in early November as COVID-19 cases surged. Four districts reported “little or no growth” during November, while five others reported that activity remained well below pre-pandemic levels in some sectors. Kathy Bostjancic, chief U.S.

Sections:  u.s.   
Topics:  Maine   Penobscot County   Bangor   
BING NEWS:
  • Economic Letter
    Results suggest that inflation for the most responsive categories of goods and services has come down substantially from recent highs, likely due in part to more restrictive monetary policy. As a ...
    04/7/2024 - 11:00 pm | View Link
  • Powell Still Sees Room for the Fed to Cut Rates This Year
    Federal Reserve Chair Jerome Powell reiterated Wednesday that the central bank expects the need to cut interest rates this year, despite the recent stronger-than-expected economic activity.
    04/3/2024 - 7:46 am | View Link
  • Kansas City Fed Services Activity Index Rises at Slower Pace in March
    Services activity in the middle of the U.S. increased moderately in March, with steady expectations for future activity, according to a monthly survey by the Federal Reserve Bank of Kansas City ...
    03/29/2024 - 5:50 am | View Link
  • The Fed’s massive economic upgrade: Chart of the Week
    But the most important number offered by Fed officials was the FOMC’s surprisingly bullish expectations for economic growth, revised upward, as our Chart of the Week shows. In December ...
    03/22/2024 - 1:00 pm | View Link
  • Opportunities In Small And Micro Caps Post Fed Shrugging Off Inflation
    The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low ...
    03/22/2024 - 1:08 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News