Fed survey finds modest gains in the U.S. economy in February
Reports on consumer spending and auto sales were mixed, while overall manufacturing showed moderate gains despite supply-side constraints, according to the Fed survey.

Reports on consumer spending and auto sales were mixed, while overall manufacturing showed moderate gains despite supply-side constraints, according to the Fed survey.
The closure will be used by the Indianapolis Cultural Trail and the NCAA for various activities throughout the NCAA tournament.
The decision comes one day after the state opened up vaccinations to the 55-59 age group.
Statewide hospitalizations due to COVID-19 dropped from 765 on Monday to 731 on Tuesday, the lowest number since Sept. 12.
The additional signups came during the first two weeks of an extended enrollment period ordered by President Joe Biden to help more people find insurance amid the economic ripple effects caused by the coronavirus pandemic.
Among the most vulnerable not-for-profits, the study said, are those involved in arts and entertainment, which depend on ticket sales for most of their revenue, cannot significantly their reduce expenses and don’t typically hold much cash.
Despite the stepped-up pace of vaccine production, the work of inoculating Americans could extend well into the summer, officials said, depending both on the government’s capacity to deliver doses and Americans’ willingness to roll up their sleeves.
The airport will be ready for visitors in town for the tournament with new March Madness signage, NCAA-sanctioned pop-up retail shops and enhanced staffing.
The Global Business Travel Association estimates that worldwide spending on commercial travel won’t recover to its pre-pandemic peak of $1.4 trillion until 2025.
As part of the investments, announced Tuesday, Target will accelerate the pace of building small-format stores, with plans to add 30 to 40 new stores this year, up from 29 last year.
The governors issued a statement criticizing President Joe Biden’s plan to allocate most of the aid to states based on the unemployment rate, rather than total population. Indiana would receive $881 million more if previous allocation methods were used.
The state said more than 587,000 Hoosiers had been fully vaccinated against COVID-19 as of Tuesday. More than 1 million had received the first dose of a vaccination.
Preliminary reports from the Centers for Disease Control and Prevention indicate that there were at least 42,000 more deaths from Alzheimer’s and other dementias in 2020 compared with the average of the five years prior.
The United States now expects to have enough supply of the three approved vaccines to inoculate all eligible American adults by June—although actually delivering the injections could take longer.
The three mass vaccination clinics will be offering the Johnson & Johnson vaccine, which federal officials approved Saturday for emergency use.
For tax purposes, weekly unemployment payments count as income just like wages from a job. But few people realize the money they get from the government is actually taxable.
Democrats on Monday seemed to have exhausted their most realistic options for quickly salvaging the pay hike. In one decision, they abandoned a potential amendment threatening tax increases on big companies that don’t boost workers’ pay to certain levels.
Declines were seen almost across the board in patient service categories, including hospital admissions, surgeries, ER visits, radiological exams, due in part to a government order to shut down elective procedures for several months.
Dr. Michael Ryan, director of WHO’s emergencies program, said he was reassured by emerging data that vaccines appear to be helping curb the virus’ explosive spread, but he warned against complacency, saying nothing was guaranteed in an evolving epidemic.
New reported COVID-19 cases and testing of new individuals were down significantly in Indiana last month, but more deaths due to COVID-19 were reported in February than in any other month of the pandemic.