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ST. LOUIS (Includes Missouri, Arkansas and Kentucky, and parts of Illinois, Indiana, Tennessee and Mississippi): The economy grew at a modest pace. Residential and commercial real estate sales improved moderately. Manufacturing reports were mixed
-- some companies increased operations, while others closed plants and laid off workers. MINNEAPOLIS (includes Montana, North Dakota, South Dakota, Minnesota and parts of Wisconsin and Michigan): The economy grew at a solid pace. Consumer spending rose, while professional services, construction, manufacturing, energy, mining and agriculture all improved. Home sales rose more than expected. Warm weather slowed winter tourism activity. KANSAS CITY (includes Wyoming, Nebraska, Colorado, Kansas, Oklahoma and parts of Missouri and New Mexico): The economy expanded at a faster pace. Consumer spending improved, home sales rose solidly and commercial real estate activity edged higher. Growth in the energy industry eased slightly but remained solid. Manufacturing reported further increases. DALLAS (includes Texas and parts of New Mexico and Louisiana): The economy grew at a moderate pace. Manufacturing activity grew and demand for business services rose slightly. The housing sector showed improvement. Retail sales grew at a modest pace. Energy activity stayed strong. Rainfall eased drought conditions in many parts of the district. SAN FRANCISCO (includes California, Washington, Oregon, Idaho, Nevada, Utah, Arizona, Hawaii and Alaska): Economic activity expanded at a moderate pace. Despite higher energy prices, overall price pressures remained modest as did wage gains. Retail sales and demand for business and consumer services rose. Activity in housing markets strengthened modestly.
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