U.S. economy growing at a moderate pace

The U.S. economy is growing at a "moderate" pace, as housing's rebound and the continued recovery in the auto sector offset weaknesses stemming from federal government budget cuts, the expiration of the payroll tax cut and winter weather, the Federal Reserve said Wednesday.

http://www.ydr.com/business/ci_23044844/u-s-economy-growing-at-moderate-pace