Sep 13th 2010 10:23AM
Only two regions of the country showed any sign of a real estate recovery in July and August -- Cleveland and St. Louis. Otherwise, activity in residential real estate markets declined further, according to the Federal Reserve's Beige Book released Sept. 8. In most areas of the country, inventories of available homes rose,... Continue Reading »
Jul 29th 2010 11:51AM
The economic recovery is likely to be rocky, according to the latest Beige Book region-by-region report from the U.S. Federal Reserve on Wednesday. Tell us something we don't know. OK, the report suggests we are not headed for another recession. However, thanks to a stagnant housing market, high unemployment, gun-shy... Continue Reading »
Apr 14th 2010 5:52PM
Our wimpy recovery continues to get stronger, little by little, month by month. The latest good-ish news comes from the Beige Book, the latest economic report out from the Federal Reserve. "Overall economic activity increased somewhat since the last report," it said. It's the "somewhat" that gets you. I personally would... Continue Reading »
Mar 4th 2010 9:30AM
The economy is strengthening in most parts of the U.S. -- but the recovery isn't translating into new jobs, according to the Beige Book report released today by the Federal Reserve. That doesn't bode well for the housing market, since long term unemployment is one of the top reasons homeowners are still losing their homes... Continue Reading »
Jan 14th 2010 4:40PM
The latest Beige Book report from the Federal Reserve exactly describes the weak, jobless recovery economists warned us about. The name of the twice-a-quarter report perfectly reflects its current contents. Beige: a bland color, a little darker than vanilla ice cream. Unlike red, which says "stop," or green, which says... Continue Reading »
