The Fed has pointed to continued strong jobs gains and robust consumer spending, while financial markets have been shaken by slowing global growth, a tightening of financial conditions caused by interest-rate hikes, trade disputes and the partial U.S. government shutdown. (Photo: Shutterstock)
(Bloomberg) –The still-strong U.S. economy showed signs of slowing in recent weeks amid declining optimism, though most regions continued to show modest to moderate growth, a Federal Reserve survey showed.
“Outlooks generally remained positive, but many districts reported that contacts had become less optimistic in response to increased financial market volatility, rising short-term interest rates, falling energy prices, and elevated trade and political uncertainty,” according to the report, released Wednesday in Washington.
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