Fed Report: 2020 Closes Out With Slight Economic Uptick
PYMNTS
JANUARY 14, 2021
economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic fallouts in history, according to the Federal Reserve’s Beige Book report on Wednesday (Jan. Low real estate inventories combined with rising construction costs caused the continued rise of housing market prices.
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