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US firms optimistic but labour shortages constrain growth: Fed

Published Thu, Jan 18, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Washington

AMERICAN businesses are upbeat about 2018, but more widespread difficulties finding workers are constraining growth for some firms, according to a Federal Reserve survey released on Wednesday.

It seems like a contradiction: the economy is growing so firms are expanding and hiring, but without a supply of readily available workers business cannot grow.

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