The Fed’s “beige book” of anecdotal U.S. economic information came out last week and guess what? It confirmed what we’ve been telling folks for many months.
The U.S. economy is entering 2020 on solid footing with continued modest expansion in the final six weeks of 2019, the Federal Reserve said Wednesday. Tighter labor markets—we stand at 50-year lows in unemployment—slow price rises and a robust holiday season, especially online, offset weakness in manufacturing, the Fed said.
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