Federal Reserve Says Economy Continues to Expand

[MDM4AU 337]

WASHINGTON – Factories hummed and consumers kept cash registers busy in the first two months of this year, fresh evidence that the economic recovery is moving ahead, according to a Federal Reserve report released Wednesday.

"Economic activity continued to expand in January and February," the Fed said in its latest survey of business conditions around the country. However, on the jobs front, "employment has been growing slowly in most Federal Reserve districts," the report said.

Factory activity rose in 11 of the 12 regional Fed districts, good news for America's manufacturers, who were hardest hit by the 2001 recession and have struggled mightily to get back on firm footing. In the Fed's Cleveland region factory activity didn't go up, but rather held steady, the Fed survey said.

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[Tigermike 3,426]

The dems will say this is either an out right lie or spin.

[CCTAU 3,369]

The dems will say this is either an out right lie or spin.

Nah. They'll wait till one of their respected leaders comes up with some explanation other than Bush's economic policy. Then they'll preach that, truth or not, till we are all sick of hearing it! Just like every other made up issue.

I'm sure glad the guard finally found Bush after all those years AWOL.

[CarolinaTiger 0]

c'mon fellas, where have yawl been.

it's a JOBLESS recovery! that's the line.

let's here it...JOBLESS recovery.

good! repeat: ________

[CCTAU 3,369]

c'mon fellas, where have yawl been.

it's a JOBLESS recovery! that's the line.

let's here it...JOBLESS recovery.

good! repeat: ________

I figured they wold come up with something. It's not good enough that there is a recovery, now it has to be a recovery approved by them.