Fed Saw Growth Even With Harsh Weather

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March 5 (Bloomberg) -- The Federal Reserve said the economy in most regions grew last month even as harsh winter weather impeded hiring, disrupted supply chains, and kept customers away from stores and auto dealerships. Peter Cook reports on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg)

Conditions rummy come -- the country suggesting the economy, continues to move forth.

The growth could have been better if it had not been for all the bad weather around the united states.

Compiled by the stats, the federal reserve bank of atlanta indicate economic conditions continue to expand.

Eight districts reported improved levels.

Chicago, the only district to report the activity actually slowed.

The weather is a significant factor.

It hit consumers as well.

Retail sales weekend since the report for most districts.

Severe weather activity.

Minneapolis reported moderate sales growth since the beginning of the year.

The weather was also cited.

Cleveland saw strong gains.

The bad weather did help ski resorts.

No surprise there.

The super bowl, hotel occupancy, tourism was up in many districts.

Manufacturing sales took a hit and were negatively impacted by weather.

-- employment levels improved gradually in most districts -- the outlook remains optimistic.

The bottom line here, more evidence it was the weather.

Thank you.

For more reaction to today's report, i am joined by the chief

This text has been automatically generated. It may not be 100% accurate.


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