U.S. economic activity fell sharply due to coronavirus disruptions, Fed says

(Reuters) - Economic activity declined sharply across the United States over the past several weeks, according to a Federal Reserve report released on Wednesday, reflecting the disruptions caused by the coronavirus pandemic.The sharp plunge in economic activity recounted in the U.S. central bank's latest measure of business activity across its 12 districts shed light on the depth of the economic pain generated by the coronavirus pandemic, which has led to an unprecedented downturn and a U.S...