Fed survey finds growth 'downshifted' in summer due to COVID - NewsBreak
By Ulises in Business
Updated 3 years ago
WASHINGTON — (AP) — U.S. economic activity "downshifted" in July and August due to rising concerns about COVID's delta variant, as well as supply chain problems and labor shortages, the Federal Reserve's latest survey of the nation's business conditions revealed. The Fed survey, released Wednesday, said the slowdown was largely...