WASHINGTON — Reports from the 12 Federal Reserve Districts indicate that the economy grew stronger from late February to early April, according to the Fed's Beige Book released Wednesday.

"Activity in the Cleveland, Richmond, St. Louis, Minneapolis, and Kansas City Districts was characterized as growing at a moderate pace, while the Boston, Philadelphia, Atlanta, Chicago, and San Francisco Districts noted modest growth," the report states. "The New York and Dallas Districts indicated that the pace of expansion accelerated slightly since the previous Beige Book."

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