Fed Beige Book Shows U.S. Economy Shaking Off the Winter Chills

April 15, 2015 10:40 PM

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A Federal Reserve report on economic conditions across the U.S. showed signs of a rebound from winter weather that slowed first-quarter growth.

The Fed’s Beige Book, a compilation of anecdotal business information from the central bank’s 12 districts, showed the economy grew at a “modest” or “moderate” pace in eight of those regions from mid-February to the end of March. A majority of districts reported higher retail sales, boosted by lower...

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