Jun
11

Recession’s Grip Eases in Parts of Nation

By
– Wall Street Journal

The economy continued to weaken in April and May, a Federal Reserve survey of regional economic conditions showed, but in many parts of the country the recessionary winds are abating.

“Contacts from several Districts said that their expectations have improved, though they do not see a substantial increase in economic activity through the year,” said the Fed’s “beige book,” a survey from the 12 regional Fed banks.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://online.wsj.com/article/SB124465593498602799.html?mod=dist_smartbrief
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