U.S. economy Slow growth due to favorable personal consumption toward the end of the year
The Federal Reserve, which is the central bank of the United States, published a national economic report for the end of last year, stating that the economy was expanding moderately, given that consumer spending was strong, such as during Christmas sales. Showed.
The Fed released its economic report from mid-November to the end of last month based on interviews with companies in each region by 12 regional federal federal banks on the 15th.
According to the report, it is said that the construction of houses has improved as the Christmas shopping season has been brisk mainly in online shopping and personal consumption has increased, and the low interest rate environment has spread due to the Fed rate cut. This has led to the view that the US economy is expanding slowly.
However, in the manufacturing industry, in many regions, trade tensions between the United States and China have led to rising tariff costs and cut back on capital investment. Of these, the Midwestern region reported that it had reduced staffing.
Over the U.S.-China trade dispute, the U.S. will cut some of the tariffs it will add to Chinese imports next month, but many tariffs will remain, and the manufacturing economy will continue. Is one of the focal points.