Beige Book: CRE Great But Labor Market Tightens


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Fed Chair Janet Yellen

WASHINGTON, DC—The Federal Reserve Bank has released its seventh and next-to-last Beige Book for 2015, chronicling the economic developments in the Fed’s 12 Districts since the last report some six week ago.

Surprisingly, given the rollercoaster ride the stock market and global economy has been on, the report shows modest economic growth overall. As for commercial real estate, the prognosis is downright enthusiastic (for the Fed).

Of course some sectors such as manufacturing have shown some decline, which might seem puzzling to the CRE industry given the strength of industrial’s fundamentals right now…

Beige Book: CRE Great But Labor Market Tightens

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