US Economy ‘Downshifted Slightly’ To Moderate Pace Amid Resurgence ...Middle East

Washington: US economic growth “downshifted slightly” to a moderate pace in early July through August amid a Delta variant-fuelled Covid-19 resurgence, according to a Federal Reserve survey. “The deceleration in economic activity was largely attributable to a pullback in dining out, travel, and tourism in most Districts, reflecting safety concerns due to the rise of the […] The post US Economy ‘Downshifted Slightly’ To Moderate Pace Amid Resurgence appeared first on Ommcom News.

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