04132021Tue
Last updateTue, 13 Apr 2021 2pm

Manufacturing & The Economy

Beige Book: Vaccine Boosts Business Optimism

Economic activity expanded modestly from January to mid-February for most Federal Reserve Districts. Most businesses remain optimistic regarding the next 6-12 months as COVID-19 vaccines become more widely distributed.

All ten manufacturing firms contacted by the Federal Reserve this cycle reported higher sales, and three said their company had seen its best performance ever in recent quarters. 

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