Fed Beige Book Sees Growth in NM

New Mexico Business Weekly - The economy in New Mexico and six neighboring states “expanded solidly in late February and March,” the U.S. Federal Reserve reported Wednesday in its latest Beige Book survey of the region’s business executives. The local report was consistent with those of the nation’s other 11 districts, which all reported at least moderate economic improvement since the last report. New Mexico and neighboring states are part of the Fed’s 10th District, based in Kansas City. Each district released its own Beige Book Wednesday. During the six-week period since the last Beige Book, regional consumer spending rebounded in March after severe weather limited February sales, and retailers expected their sales will rise in the next three months, according to the report. Read full story here: News New Mexico

Fed Beige Book Sees Growth in NM