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Week Ahead: Update on Economic Conditions in the Beige Book

first_img May 28, 2017 1,265 Views Previous: Nation Takes Aim at Veteran Homelessness Next: Tech Talks: How Technology is Shaping the Industry Beige Book 2017-05-28 Brianna Gilpin Servicers Navigate the Post-Pandemic World 2 days ago Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] The Summary of Commentary on Current Economic Conditions by Federal Reserve District, otherwise known as the Beige Book, will be released this Wednesday. The book, released eight times a year, gathers anecdotal information on current economic conditions in its District through Bank and Branch director reports and interviews with key business contacts, economists, market experts, and other sources. Summarizing this information, the Beige Book is an overall summary of the 12 district reports and prepared by a designated Federal Reserve Bank on a rotating basis.The last Beige Book, released in April, reported increased economic activity between mid-February and the end of March. The pace of expansion was equally split between modest and moderate and additionally the pickup was evident to varying degrees across economic sectors.Manufacturing continued its expansion at a modest to moderate pace, but freight shipment growth slowed slightly. As reports of stronger light vehicle sales were accompanied by softer reading in non-auto retail spending, consumer spending varied.Reports suggested that residential construction accelerated somewhat though growth in home sales slowed partly due to lack of inventory. Nonresidential construction became more mixed in some regions, but overall remained strong. Leasing activity generally improved at a more modest pace.More than half of all reports showed increased loan volumes, but only one said they were down modestly. Non-financial services continued to expand steadily.The May Beige Book will be released Wednesday at 2 p.m. EST Share Save About Author: Brianna Gilpin This Week’s Schedule:Case-Shiller U.S. Home Prices, Tuesday 9 a.m. ESTPending Home Sales Index Report, Wednesday 10 a.m. ESTZillow: Effects of International Buyers Felt at Higher End of the Housing Market, WednesdayZillow: Paint Colors That Help Sell a Home for More Money, ThursdayFreddie Mac Weekly Mortgage Survey, Thursday, 10 a.m. EST Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Week Ahead: Update on Economic Conditions in the Beige Book Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Beige Book Week Ahead: Update on Economic Conditions in the Beige Book Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Related Articleslast_img read more

Trojans Fall Short Against Red Devils At Tennis Regional Finals

first_imgThe East Central Trojans were defeated by the host Red Devils at The Tennis Regional Finals at Richmond 5-0.Congratulations to The Trojans on an outstanding season!last_img