Buffett: Berkshire Hathaway’s businesses improve in March, suggests improving economy

Buffett: Economy showing signs of big improvement

OMAHA, Neb. — Billionaire Warren Buffett says the economy is finally starting to show signs of significant improvement.

Berkshire Hathaway’s CEO told the Fox Business Network on Thursday that reports from his company’s roughly 80 subsidiaries showed a “big upswing starting in March.”

Buffett says any improvement before last month had been slow, but March brought a real change, especially in the U.S. and Asia.

The interview is scheduled to air Friday. A transcript was provided to The Associated Press.

Buffett is expected to take questions during his company’s annual meeting Saturday in Omaha. About 40,000 people are expected to attend.

Berkshire owns clothing, insurance, railroad, furniture, jewelry, small tool and utility businesses.

On the Net:

Berkshire Hathaway Inc.: www.berkshirehathaway.com