Google+
  • Ocwen39.01-0.20 -0.51%
  • Zillow95.75+1.71 +1.82%
  • Trulia31.90+0.48 +1.53%
  • NationStar32.18-0.29 -0.89%
  • CoreLogic28.57+0.11 +0.39%
  • RE/MAX27.97-0.03 -0.11%
  • Fannie Mae3.82+0.01 +0.26%
  • Freddie Mac3.82-0.01 -0.26%
  • Wells Fargo48.93-0.16 -0.33%
  • CitiMortgage48.22+0.04 +0.08%
  • Bank of America16.15+0.02 +0.12%
  • Auction.com0.00N/A N/A
  • Fidelity National Financial31.29-0.33 -1.04%
  • Black Knight Financial37.300.00 0.00%
  • AUDUSD=X0.9327N/A N/A
  • USDJPY=X102.425N/A N/A
  • WP Stock Ticker
To show sotck chart
Home | Tag Archives: Beige Book

Tag Archives: Beige Book

Fed: Economic Activity Increases Due to Better Weather

Fed: Economic Activity Increases Due to Better Weather

Reports from the Federal Reserve’s 12 districts indicate economic activity has increased in most regions across the country since the end of February as the unusually harsh winter came to an end. As in the last Beige Book report, the word "weather" appeared more than 100 times in the Fed's latest release, though the theme this time was generally one of improvement rather than sluggishness.

Read More »

Fed Cites Improvements in Real Estate in Half of Districts

Fed Cites Improvements in Real Estate in Half of Districts

""Modest to moderate"" economic growth continues to be the theme at the Federal Reserve, which this week released its Beige Book, tracking expansion across the 12 Fed districts from October through mid-November. The central bank reported improvements in residential real estate activity in the Boston, Philadelphia, Chicago, St. Louis, Minneapolis, and San Francisco regions, with single-family home sales softening in most of the remaining districts.

Read More »

Fed Report Shows ‘Cautious Optimism’ for National Economy

Fed Report Shows ‘Cautious Optimism’ for National Economy

Even with concerns elevated over the government shutdown, sentiment among contacts of the Federal Reserve Districts remained ""cautiously optimistic"" about the nation's economic future, according to the Fed's Beige Book released this week. Reports on regional housing activity were generally positive, with most markets growing or at least not faltering. The Philadelphia District was the one exception.

Read More »

Beige Book Again Sees Modest-to-Moderate Growth

Beige Book Again Sees Modest-to-Moderate Growth

Continuing to shrug off sequester cutbacks, but feeling the effects of adverse weather, the nation's economy ""continued to expand at a modest to moderate pace"" from early July through late August, the Federal Reserve reported Wednesday in its Beige Book assessment. Echoing--or perhaps anticipating--governors' concerns at the upcoming policy meeting, the Beige Book said ""hiring held steady or increased modestly"" while ""upward price pressures remained subdued, and prices increased slightly.""

Read More »

Beige Books Sees ‘Modest to Moderate’ Growth

Beige Books Sees ‘Modest to Moderate’ Growth

The nation's economy grew at a ""modest to moderate pace"" from early April through the end of May, the Federal Reserve said Wednesday in its periodic Beige Book. From late February through early April, the last Beige Book released described economic growth simply as ""moderate."" The sole bright spot in Wednesday's report was in the Dallas Federal Reserve District, which had ""strong economic growth."" The Beige Book reported slowdowns as a result of federal budget sequestration, which forced a mandatory cutback in spending.

Read More »

Commentary: Go With The Flow

Commentary: Go With The Flow

Perhaps the most important piece of economic news in the last few days was not the continued drop in the unemployment rate or the positive blurbs in the Beige Book or even the Dow reaching a new record high, but Thursday's quarterly Flow of Funds report. According to the report for Q4 2012, household assets grew to $79.5 trillion in the fourth quarter, an increase of $1.3 trillion--not too shabby. Household financial assets were up $784 billion to $54.4 billion but home equity (the value of household real estate less loans against that real estate) grew $452.8 billion, the result of two moving parts: real estate values (which increased) and household mortgage liabilities, which dropped.

Read More »

Existing-Home Sales Dip in December; Inventory Falls to 11-Year Low

Existing-Home Sales Dip in December; Inventory Falls to 11-Year Low

Existing-home sales fell 1.0 percent in December to a seasonally adjusted annual rate of 4.94 million, and November sales were revised downward, slipping below 5 million, the National Association of Realtors reported Tuesday. Economists had expected the sales pace to improve to 5.1 million. The supply of existing homes for sale fell in December to 1.82 million, the lowest level since January 2001. At the current sales pace, the homes available for sale represent a 4.4 month supply.

Read More »

Beige Book Sees Economy Expanding

Beige Book Sees Economy Expanding

Economic activity expanded in the closing weeks of 2012, the Federal Reserve said in its periodic Beige Book released Wednesday, reflecting a slow but steadily declining unemployment rate and low rates of inflation--conditions the Fed said would have to be met before it raises interest rates. According to the Beige Book, districts reported stronger consumer spending--about 70 percent of the nation's GDP--with holiday sales ""modestly higher"" than in 2011. At the same time, the report said business contacts were ""citing concerns that consumers will spend cautiously due to ongoing fiscal uncertainty.""

Read More »

Beige Book Shows Regional Economic Differences

Beige Book Shows Regional Economic Differences

The Federal Reserve painted a picture of a split economy with concerns about the ""fiscal cliff"" in its periodic Beige Book released Wednesday. The economy, according to the Beige Book, expanded ""at a measured pace"" in seven of the 12 federal reserve districts--Cleveland, Richmond, Atlanta, Chicago, Kansas City, Dallas, and San Francisco. According to the Beige Book, business leaders and others ""expressed concern and uncertainty about the federal budget, especially the fiscal cliff.""

Read More »
Scroll To Top