InvestmentWatch

“The beige book survey is a collection of anecdotes”

“Financial institutions generally reported steady to weaker loan demand, continued tight credit standards, and steady or deteriorating loan quality.”

“Home sales and construction activity improved across much of the nation, though prices were generally said to be flat or still declining somewhat. ”

“Despite the firming in sales, the level of new residential construction activity was generally characterized as weak…”

“Most Districts attributed stronger home [...]