Don't listen to the gloom and doom crowd who cheer for democrats to raise taxes. Worst economy since Hoover, poorer getting poorer, blah...blah...blah.
WASHINGTON - The economy entered the new year in pretty good shape, with most parts of the country enjoying moderate growth, businesses boosting hiring and workers getting bigger paychecks.
That mostly positive snapshot of business conditions around the country, released by the Federal Reserve on Wednesday, comes as the United States continues to deal with strains from the housing slump.
"Most reports ... indicated that economic activity expanded at a moderate pace," the Federal Reserve said. The survey is based on information supplied by 12 regional Federal Reserve banks and collected before Jan. 8.