Market Expectations Survey on Economic Conditions

This document provides an economic forecast based on the latest Beige Book report, highlighting the mixed performance of the US economy in March and early April 2025. Key insights include modest job growth, consumer spending fluctuations, and the pervasive uncertainty surrounding tariffs impacting business outlook. The report anticipates slower economic growth for the remainder of 2025, with risks of recession increasing as tariffs remain in place. Essential data and projections are included for