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MetLife Investment Management

2024 TOP 500 RANKING: 47

The Beige Book Goes into the Red as U.S. Growth Stalls

The Beige Book Goes into the Red as U.S. Growth Stalls

We remain cautious about the economic outlook. Consumer spending and the labor market remain stable in aggregate, but both qualitative and quantitative indicators related to business output and business uncertainty give us pause. Indices from the Institute of Supply Management (ISM) show weakening activity with rapidly increasing input costs, business ...

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