You can now read 10 articles each month for free on

The Boston Globe


Fed reports modest growth in N.E.

Economic activity in New England grew modestly, boosted by an improving housing market, although few new jobs were created, according­ to a survey by the Federal Reserve.

Retailers said sales were slower than expected and tourism softened, partly due to a prolonged winter. Tourist activity from Europe dropped about 5 percent this quarter, compared with a year ago, but business travel and entertaining remained strong.

Loading comments...

You have reached the limit of 10 free articles a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than $1 a week