The April book reports a net decrease in manufacturing activity across the district, a decrease in residential real estate activity, mixed results in commercial real estate, and a decrease in lending from district banks.
A Federal Reserve survey shows severe weather held back economic growth in much of the nation from January through early February. Even so, conditions strengthened in most U.S. regions, thanks to slight gains in areas such as employment and commercial real estate.
A Federal Reserve survey released Wednesday found that the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November.
The Federal Reserve said economic growth slowed in a few key regions of the United States from September through early October, as businesses grew worried about a budget impasse that led to a partial government shutdown.
Holiday shopping, strong auto sales and a recovering housing market helped boost the U.S. economy from the middle of November through early January, according to a Federal Reserve survey released Wednesday.
A pickup in consumer spending and steady home sales helped lift economic growth from October through early November in most parts of the United States, according to a Federal Reserve survey released Wednesday. The one exception was the Northeast, which was slowed by Superstorm Sandy.