The Federal Reserve released their findings on Wednesday (July 29th), saying that there were significant strides made in the economic recovery process.  The Northeast and Midwest regions seem to be stabilizing at a faster pace, as of now. 

The report released found the Fed's twelve regions were mostly showing signs of economic activity stabilizing, as well as, the recession.  The latest signs indicate that the recession may be coming to an end.  Areas highlighted as showing signs of stabilization were San Francisco / Marin, New York, Cleveland and Kansas City.