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المشهد العربي
Beige Book Indicates Sluggish Growth
The "Beige Book" report issued by the Federal Reserve indicated that economic activity in the United States experienced modest growth across most regions, with employment levels and consumer spending remaining stable. However, ongoing price pressures persisted due to rising oil prices, input costs, and tariffs. The performance varied among the twelve regions: two regions reported moderate growth, three regions experienced modest growth, four regions saw slight growth, while the remaining three regions remained completely steady. The report emphasized that consumer spending stayed unchanged, with a focus on sales from high-income households. Meanwhile, several companies expressed concerns over decreased patronage from low-income consumers due to financial caution.
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