Fed survey: Growth improves modestly throughout U.S.
World BusinessJun 6, 2013
A Federal Reserve survey says economic growth increased throughout the United States from April through late-May, fueled by home construction, consumer spending and steady hiring.Eleven of the Fed's banking districts reported “modest to moderate” economic growth, according to the Beige Book survey released Wednesday. The 12th, in Dallas, reported strong growth.The survey is based on anecdotal reports. The mostly favorable results of the latest survey suggest that the economy and the job market a