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Arkansas and Regional Economy Holding Steady Despite 'Pessimistic Outlook,' St. Louis Fed Reports
Summary by Arkansas Business
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Arkansas and Regional Economy Holding Steady Despite 'Pessimistic Outlook,' St. Louis Fed Reports
The Federal Reserve Bank of St. Louis reported Wednesday in its latest Beige Book that overall economic activity and employment in Arkansas and the surrounding region has been steady. However, the outlook among the bank’s contacts remains “slightly pessimistic” as inflation erodes consumer purchasing power and labor shortages persist in manufacturing, construction and agriculture. The St. Louis Fed represents the Eighth Federal Reserve District,…
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Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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