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United States: Shortages and Lack of Labor Slows Growth

2021-10-20T18:34:47.962Z

Global supply difficulties, as well as manpower shortages and concerns related to the Delta variant of Covid-19, have made ...



Global supply difficulties, along with manpower shortages and concerns related to the Delta variant of Covid-19, slowed the growth of economic activity in the United States in early fall, a reported Wednesday the US Central Bank (Fed).

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These difficulties, combined with demand from consumers remains strong, have driven prices, said the Fed in its Beige Book, noting that short-term prospects

"remain positive"

, though with

"uncertainties"

over large and a "more cautious optimism".

Source: lefigaro

All business articles on 2021-10-20

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