The U.S. economy is improving, and in
many cases is back to normal, but it remains
stubbornly weak in some areas.
“Real world” indicators that point to the
health of the economy include crane rental
rates and customer traffic in restaurants.
Economic uncertainty — likely a drag on
economic growth in 2011, 2012, and 2013 — has
faded as a concern in 2014, consistent with the
Fed’s most recent Beige Book.