The Zhitong Finance App learned that the Federal Reserve said in its “Beige Book” (Beige Book) survey report on regional contacts that since mid-November, the core economic growth activity in most regions of the US has shown an upward trend at a “slight to moderately moderate pace”. This is similar to many recently released US labor market data. These mixed employment growth/labor growth data suggest that the US labor market showed a slight recovery trend from the end of 2025 to the beginning of 2026, and marginally strengthened the “soft landing” of the US economy The narrative is a strong proof that the US labor market and consumer spending, which are critical to the US economy, have not deteriorated as rapidly or continue to weaken as some economists have predicted.

The Zhitong Finance App learned that the Federal Reserve said in its “Beige Book” (Beige Book) survey report on regional contacts that since mid-November, the core economic growth activity in most regions of the US has shown an upward trend at a “slight to moderately moderate pace”. This is similar to many recently released US labor market data. These mixed employment growth/labor growth data suggest that the US labor market showed a slight recovery trend from the end of 2025 to the beginning of 2026, and marginally strengthened the “soft landing” of the US economy The narrative is a strong proof that the US labor market and consumer spending, which are critical to the US economy, have not deteriorated as rapidly or continue to weaken as some economists have predicted.