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".