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Strong housing and auto sales boost economy

3 years 5 months 1 week ago April 17, 2013 Apr 17, 2013 Wednesday, April 17 2013 April 17, 2013 6:43 PM in News
Source: Associated Press
By: Michael Marsh

WASHINGTON- A new Federal Reserve survey says a strengthening housing recovery and strong auto sales meant moderate growth across the country in February and March. The Fed's 12 banking districts showed growth and it accelerated in two districts, New York and Dallas, in January into February. The survey found hiring was unchanged or slightly improved and suggests the economy performed better in March than recent data indicated and that indicates the weakness could be temporary.

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