Federal Reserve: N.E. economy grows moderately in March, early April

THE FEDERAL RESERVE Beige Book reported moderate economic growth in New England in March and early April. / COURTESY FEDERAL RESERVE
THE FEDERAL RESERVE Beige Book reported moderate economic growth in New England in March and early April. / COURTESY FEDERAL RESERVE
PROVIDENCE – The New England economy experienced moderate growth in March and early April, according to the Federal Reserve Beige Book released Wednesday, but respondents reported some slowing in manufacturing in the region. Wage increases in the region were described as moderate, growing roughly 3% to 5% over the year. The report noted that hiring…

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