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The Zhitong Finance App learned that the latest Beige Book survey report released by the Federal Reserve shows that US economic activity has shown moderate growth in the past two months. Among them, strong demand from data centers is particularly prominent, and has become the main driving force for the economy. The report, based on information collected by 12 regional Federal Reserve banks across the US as of August 24 and compiled by the Minneapolis Federal Reserve, indicates that although various industries have different views on energy prices and geopolitical uncertainty, the overall economic outlook is still “positive.”
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The Zhitong Finance App learned that the latest Beige Book survey report released by the Federal Reserve shows that US economic activity has shown moderate growth in the past two months. Among them, strong demand from data centers is particularly prominent, and has become the main driving force for the economy. The report, based on information collected by 12 regional Federal Reserve banks across the US as of August 24 and compiled by the Minneapolis Federal Reserve, indicates that although various industries have different views on energy prices and geopolitical uncertainty, the overall economic outlook is still “positive.”
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