The Federal Reserve stated recently that economic activity has been steadily increasing in the past weeks. With vaccinations becoming more and more common among the American population, US businesses are feeling increasingly optimistic about the future.
From February to April, the Federal Reserve reported increased economic activity, strengthened consumer spending, and expanded manufacturing activity. On the other hand, there are also signs of price increases in the manufacturing, construction, retail, and transportation sector. Overall, this is a good sign for the industry and the US economy as a whole.
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