Federal Reserve Report Highlights Economic Costs of Extreme Heat on Phoenix
Wednesday, 27 March 2024, 13:04
Federal Reserve Report Highlights:
The Federal Reserve Bank of San Francisco has issued a new report focusing on the economic repercussions of extreme heat in Phoenix.
Key Findings:
- Heat is a significant impediment to the local economy.
- The situation is expected to worsen in the future.
The Federal Reserve Bank of San Francisco warns of the escalating economic costs associated with extreme heat.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.